Finding a rental property you really want can be exciting, especially when the market is moving quickly. But once your application has been accepted, it is important not to rush through the tenancy agreement simply because you are eager to secure the property.
The tenancy agreement sets out the practical terms that will govern your rental. Taking time to read and understand it before signing can help you avoid confusion later and give you a much clearer picture of your responsibilities as a tenant.
Start with the basics.
Make sure the agreement clearly states:
It is worth confirming these details before signing so that there is no uncertainty once the tenancy begins.
The agreement should also explain the security deposit.
Check:
If anything is unclear, ask for an explanation before committing.
Make sure you understand the length of the tenancy.
Look for:
Do not assume that the tenancy will automatically continue on the same terms unless the agreement says so.
Some tenancy agreements include a break clause, which may allow the landlord, tenant or both parties to end the tenancy before the original expiry date.
If your agreement contains one, check:
Notice provisions are important, particularly if your circumstances may change during the tenancy.
The agreement should help clarify who is responsible for different types of repairs and maintenance.
As a tenant, make sure you understand:
Clear expectations at the beginning can make maintenance issues much easier to handle later.
Every property and building can have different rules.
The tenancy may contain conditions relating to:
If any of these are important to you, check them carefully before signing rather than assuming they will be allowed.
Make sure you know what is included in the rent and what you are expected to pay separately.
This may include:
Understanding the full monthly commitment can help you plan your budget properly.
Some agreements contain clauses that are specific to the property or the landlord’s requirements.
Even if a condition does not seem important today, it may become relevant later.
If you do not understand a clause, ask what it means and how it would apply in practice.
It is much easier to clarify a term before signing than to deal with a disagreement once the tenancy is underway.
A tenancy agreement should not feel like a mystery.
Before signing, you should understand:
what you are agreeing to, what is expected from you and what you can expect in return.
At Find a Property, we encourage tenants to ask questions and understand the practical terms of their tenancy before they make a commitment.
If anything about the agreement is unclear, speak to your FAP agent before signing so that the relevant point can be explained or, where appropriate, referred for professional advice.
Find a Property
Professional Property Service with Personal Touch.
🌐 www.findaproperty.gi
☎ +350 200 44537
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This article is provided for general information only and does not constitute legal advice. Tenancy terms vary between properties and agreements. Seek appropriate professional advice where necessary.