Whether you rent or own, each circumstance comes with its assortment of benefits and liabilities. Do you know who is responsible for paying repair costs in your home? Is it you or is it your landlord? Keeping in mind that every state has its own set of rules, you can find useful information by visiting your state landlord-tenant rights website.
Most states require landlords to keep your rental unit habitable. Issues involving emergency plumbing, flooding, water leaks, are usually the responsibility of the landlord. Tenants, on the other hand, are required to keep the rental unit clean and free of damage and other health risks.
Who is Responsible For Repairs in my Home?
Emergency plumbing issues are the landlord’s responsibility. Leaking roofs, heating and cooling issues, and any other type of health risk inside the home is generally the responsibility of the landlord.
They are required to examine and repair any damage found in your unit before you move in.
Any damage generated directly or indirectly by the renter is the obligation of the renter, not the landlord. Some issues can be resolved by either or both the landlords and tenant.
Is Renting is Better Than Owning?
Did you know that mortgage payments are often lower than rent? There are advantages to both renting and owning. Renters have the versatility of moving out any time they like. As a renter, you are not responsible for repairs to your unit.
In many municipalities, landlords are required to provide maintenance and emergency plumbing issues for HVAC, electrical issues, roof repairs, faulty windows, and snow removal.
While your monthly mortgage payment may be lower than rent, keep in mind that you will also have to pay for property taxes, HOA fees, home insurance, flood insurance, and any other emergency plumbing in addition to the 3.5% you have to put down on the house. Do you still want to own?
– High up-front costs
– Tax incentives
– You pay for maintenance and repairs
– Long-term commitment
– Equity growth
– Lower monthly payments
– 0 to no commitment
– No equity growth
– 0 tax incentives
– 0 maintenance and repair costs
– Higher monthly payment
Check Your Local & State Laws
You should always read your lease before signing it. It explains the agreement between you and the landlord and who is responsible for maintenance and repair costs.
If you don’t see this in your contract, ask the landlord to add a clause to the lease regarding this matter.
Call Total Comfort Heating, Air & Plumbing in Fredericksburg, VA at (540) 373-9780 for expert advice will be able to explain why an emergency service is beneficial for you. They will gladly answer any questions you have regarding repairs and maintenance.