Tips to rent your home without problems

See below our recipe for a successful rental.

1. PROMOTE YOUR PROPERTY FOR FAIR PRICE

Assign the correct market value attracts more interested in renting your property, reducing the time in which it is vacant and without profitability. On the other hand, if your property is rented at fair value, the Tenant residence time will tend to increase, reducing churn and ensuring their profitability.

2. Lease YOUR PROPERTY IN GOOD CONDITION

The rental market is increasingly competitive, so every detail counts. If your property is in good condition, in addition to becoming more appealing, avoid future claims, hassles and future costs of repairs and tenants outputs.

3. SELECT CAREFULLY YOUR TENANT

One of the secrets to a successful lease is, no doubt, the selection of potential renters. You should always ask the tenants tenderers sufficient documentation so you can consider whether or not they meet all the conditions to rent your property. When in doubt, not leases! It is better to take for rent, the evil rent!

4. Draft a LEASE AGREEMENT The PROTECT

The lease agreement must be drafted in accordance with the law in force and leaving no missing details or important conditions for you, because in case of any legal or judicial conflicts, this will be an extremely important tool. Should be placed on contract:

a) Purpose of the lease (housing, non-residential or second home);
b) Term and contract renewal;
c) Reporting deadlines and not contract renewal (for both you as parts);
d) Income Payment (how and when);
and) Penalties (for failure to pay and delay, by misuse, or others that are applicable);
f) Property conservation status Description, equipment list and if appropriate, Also the filling (can attach photos of the property);
g) Conducting surveys and your schedule (inspections are provided for by law and are a way of,,pt,control the state of your property,,pt Owner controlar o estado do seu imóvel);
h) Deadlines for carrying out repairs that are the responsibility of the tenant;
i) Valid addresses for communications between the parties (owner or his legal representative, tenant and guarantor, if applicable).

Note:
These are some of the general points to be taken into account when drawing up a lease, However there may be many other, depending on each case.

5. PROCEED TO STAMP TAX SETTLEMENT

After the grant of the lease shall carry out the liquidation of the stamp tax from a tax office. The stamp duty will be equivalent to 10% of the rental.

6. GUARANTEE THAT THE WATER SUPPLY CONTRACTS, GAS LIGHT AND STAY ON BEHALF OF THE TENANT

Water supply contracts, electricity and gas should be on behalf of Tenant, which is solely responsible for fulfillment of the contracts. Make sure that the date of commencement of the lease these same contracts are on behalf of Tenant. If later there are irregularities with these entities to, including amounts due, easily proves, through the date of the lease, income receipts and records of history of these entities, at that time the property was leased and solely responsible for irregularities is the Tenant. Landlords usually have, often, problems and troubles with these entities. We recommend having this issue into account.

7. PERIODIC INSPECTIONS OF ACHIEVEMENT

One of the main concerns of owners is related to the property of the conservation status during the lease. Surely, that almost all owners are wondering if the tenant is to take good care of the house! The best way to prevent major damage will be to carry out surveys to the property and not come across the property of the state only when end the tenancy, after all prevention is always better than cure!

8. AVOID CONFLICT

Communicate regularly with your tenant. By creating a close relationship with your tenant, is less likely it enters in default.

9. DEALING WITH THE BREACH

In a lack of income payment or delay of same, act quickly. Promptly report. If the situation persists, do not hesitate to trigger the legal mechanisms, hiring for this purpose a lawyer or solicitor. They allow this situação be extended, have to deal with more injury.

10. KNOW YOUR RIGHTS AND DUTIES

Be well informed of their rights and their duties, in order to avoid unnecessary conflicts and costs. For example, not all repairs are your responsibility.