Deposit and fees: one of the most frequent discrepancies between the lessor and the tenant is the deposit and the fees. To avoid confusion and future trouble, clearly state the limit, use and conditions for returning deposits. Indicate how to use the deposit if you return it and any non-refundable legal costs incurred. In some countries, it is good to indicate where the deposit is maintained and whether there is interest on the deposit. Before looking at real estate in Cyprus, it is good to know the strength of your position as a potential tenant. Think seriously about why you`re moving. Decide what you like and appreciate in your current home and what you hope to find in a new home. Note for example your three main factors for selecting a Larnaca rental object: price, location, style of furniture, quality of construction, proximity to noisy bars, etc. Make sure you are able to legally terminate your current lease and check the most recent date from which you can move. Rental terms: People often confuse a lease with a fixed-term lease, so it`s a good idea to indicate what the contract and other terms are in the agreement. Your choice depends on the flexibility of your agreement with the tenant.
One of the best ways to protect yourself as a landlord is a written lease. A properly crafted rental agreement means the difference between a tenacious tenant and a remedy in case of anything. The rental agreement presents your expectations as a tenant, thus protecting yourself from unpleasant surprises, some of which may include damage to your property. If you want to sleep better at night, learn how to write an airtight lease. Here you will find a detailed guide on writing a lease and everything you need to know when writing a lease. Failure to comply with the aforementioned provisions leads to the nullity of the contract and creates legal problems for the landlord in the event of a dispute with the tenant. Name of all tenants: Persons residing in the rental unit must be designated as tenants and must sign the lease. The main reason why they sigh to make sure that each tenant is responsible for the duration of the contract.
So you can rent to any tenant if for some reason the other doesn`t pay. If the rent is payable weekly, monthly or annually, the rental agreement is considered as such and, in order to terminate it, the landlord must properly terminate until the last day of payment of the rent. When renting a property, certain legal formalities must be respected. As soon as you design an agreement and add all the necessary requirements, the agreement must be stamped and registered with the competent authority. . . .