I have often seen people posing the query- can I lease an apartment for someone else? Now I believe this question has two meanings. First, if you want to rent a property as an owner of someone else’s property, let me tell you, you can’t do it. And if you want to rent a property as a tenant on behalf of someone else, it is only possible in case you are someone very close to the actual tenant. So let me explain these two aspects elaborately here.
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Can you lease an apartment for someone else as the owner?
Absolutely no. You cannot rent someone else’s property unless you get the Power of Attorney for the property or the Title Deed of the property. If you do not, your action will be considered illegal and will be severely punished.
Can you lease an apartment on behalf of someone else as the tenant?Suppose I am a 14-year-old kid, and I am to live in a rented house. In that case, my parents can lease the property on my behalf. After all, how am I supposed to pay the rent at such a tender age without having any source of income? In such a case, my parents can act as my guarantors. A guarantor is someone who agrees to pay the rent if you don’t pay it. It could also be other closed ones of the actual tenant.
I hope this answers the query- can I lease an apartment for someone else and also the conditions for it.
Read More:How to rent a house?
What is lock-in period in rent-agreement?
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Can I Lease an Apartment for Someone Else?
Chandni
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2 Year
2023-02-22T10:24:56+00:00 2023-02-23T09:58:23+00:00Comment
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