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Renting or Letting

Renting or Letting

3. The letting contract

As you understand from what you have read so far, it is necessary to make a proper contract for letting or renting of a dwelling, even if the law also allow verbal agreements. That such a verbal agreement exists, can be proved by the tenant living in the dwelling, and by payment receipts. Be aware that any clauses written into a contract that go against the stipulations of the law, are automatically nul and void. So it does not help an owner to stipulate in the contract that the tenant renounces on his right to the automatic prolongation.

About the contract models for letting of dwellings as well as for tourist lettings. You have to ask a lawyer to assist you. Such a letting contract need not be signed in front of a notary, only if you want it registered in the property register. In some autonomous regions they have special registries for long-term letting contracts.

The rent can be agreed freely between the owner and the tenant. It is normal that a deposit be paid on a letting. For a dwelling the law has established a deposit equivalent to one months rent. In some autonomous regions it is obligatory for the owner to hand over this deposit at a special office of the administration, together with the contract. The rent must be paid within the first 7 natural days of each month, meaning in advance, in the form agreed between the parts.

 

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