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About this Property
House for sale – in the prime location of Colombo 07. This spacious property features 5 bedrooms and 5 bathrooms, providing ample living space for a comfortable lifestyle. With separate maid’s and driver’s quarters, this house offers convenient accommodation. The unfurnished house spans an impressive area of 7,000 sq ft and includes parking space for 3 vehicles. Built in the ’70s, the property underwent a complete redesign and refurbishment by Taru in 2013, with further refurbishments made in February 2023. With 2 floors and a combination of tile and timber flooring, this house exudes timeless elegance. Plus, it is pet-friendly, ensuring a welcoming environment for pets.
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This subject is highly dependent upon the individual landlord and property. Some houses and apartment complexes are pet friendly and some simply are not, Look for pet friendly rentals before others to ensure there will be no issues with your pets.
Any repairs that are needed on the property should be made clear to your landlord, preferably in writing. Some repairs will be considered urgent if your health and safety or the property itself is threatened.
The owner of the property has the right to sell the property regardless of the lease type. However, as a tenant, you have the right to remain in the property for the duration of your fixed term rental agreement In the event you do have to relocate, we are more than happy to work with you to find a new rental property that will suit your needs.
You will find the expiry date in your agreement. Before the expiration date you can request a lease renewal from the landlord . The owner of the property has the right to renew the lease, let arrangements continue under the terms of the original lease or issue the appropriate notice requesting that you vacate the property.
If a tenant believes the landlord is not keeping to their side of the agreement – for instance, not maintaining the property in a fit state of repair – then the first thing the tenant should do is speak to the the Landlord and get it resolved as soon as possible
Don’t worry – accidents happen. You can inform the landlord as soon as possible. You will be expected to cover the cost of putting it right. Don’t try to ignore or hide damage because it could get worse, and it will only come out of your deposit at the end of the tenancy.
The landlord is responsible for maintaining the property in a good state of repair. If you do damage to the property you are expected to cover the cost of putting this right. Acquest could also help you repair these in consultation with the landlord.
Two types of agreements you could sign are a Lease agreement or Tenancy agreement if its signed as a lease agreement get confirmation of its payable as well. For lease agreement there’s a stamp duty component that is calculated as 1% payable of one years total rent. Tenancy agreement do not carry any stamp duty fees.
The landlord trusts the tenant to keep the property in a good condition and in good order. The deposit is held to ensure that any damages (over and above fair wear and tear) can be corrected at the end of the tenancy.
Before you start searching for your new house or apartment it’s a good idea to write down a budget. What are your current outgoings and what money you have left to spend on rent? Take into account that, when you first move in, you will need to front a security deposit as well as the first two month’s rent and a refundable holding deposit.
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