Apartment Rental Agreement
An apartment rental agreement is concluded with almost every rental, but not everyone knows
what risks the owner of the apartment and the tenant may face when concluding it.
In this material, we will consider all the important aspects of the lease agreement and give
practical recommendations on how to protect yourself. Consider both legal and illegal rent.
Let's compare the pros and cons in both cases.
How the law works and how an apartment is rented in real life.
The article will be useful for both landlords and tenants who rent an apartment and any other
residential premises. You will find out why 90% of owners rent out their property without paying
taxes and what risks this brings for both parties. How to draw up a rental agreement for
residential premises and whether it is needed at all.
We have collected the most up-to-date information about the contract for renting an apartment
in Ukraine. Read carefully - it can save you money and nerves in case of possible problems.
You can immediately download for review a standard apartment rental agreement for Ukraine
with an act of acceptance and transfer of property. You can consider it as an example:
Read carefully and adjust according to important conditions for yourself.
What to pay attention to - consider in our material.
Why do you need a rental agreement?
A lease agreement is a document where the landlord and tenant prescribe the details and terms of
the transaction for renting an apartment. It is designed to resolve relations and protect the party's
indisputable situations when renting an apartment.
A tenancy agreement is a “lease” of a dwelling by an individual from an individual. In this case,
the words hiring or hiring are used and an apartment rental agreement is concluded.
A lease agreement is a lease of a dwelling, where one of the parties is a legal entity, that is,
a company. Also, a lease agreement is concluded if an individual rents non-residential premises.
As you can see, the difference lies in who rents which premises. Based on this,
the law regulates the legal relations of the parties to the contract in different ways.
We will focus on the apartment “lease” agreement between two individuals.
And for convenience, we will call it a lease, not a lease, since it happened in simple speech.
But remember that it is correct to conclude a contract for renting an apartment on paper, not a
lease.
What to do before a lease agreement signing?
The apartment rental agreement is the final part of the process. Before that, both the owner and
the tenant will have to discuss all the important details of the transaction and check if there is a
scammer in front of him. Let's start from the very beginning - with the search for an apartment.
Finding an apartment to rent
You can find an apartment through a realtor, real estate agent, or on your own. In the same way,
when surrendering to the owner, there are 2 ways. In practice, a situation has developed that
which the tenant always pays the realtor's commission.
The owner of the apartment simply puts up his ad on one of the sites and waits for clients.
Dozens of intermediaries begin to call him and promise to bring clients. Since the owner
theoretically does not pay them, it does not matter to him whether it is a tenant with or without a
realtor.
There is a difference for the tenant. He will have to pay the realtor from 50 to 100% of the
monthly cost of renting an apartment. This is a significant amount of money simply for showing
an apartment, which, with a strong desire, can be found on your own.
If you read the article below, you will understand that no one invited the realtor, but he himself
imposed himself on the deal and is now extorting money. Without his services it will be cheaper.
We advise you to carefully read the article about how realtors deceive. The part about rent in it
starts at the bottom - you can scroll through. In short, you can be lured to a bait ad with one
apartment at a cheap cost, and offered by others.
The owner may be in cahoots with the realtor and rent out the apartment to new tenants every
month, evicting the old ones for various reasons. And the most dangerous way of cheating when
renting is when the owner is not aware of events at all, and scammers rent the apartment.
The realtor cooperates with swindlers and rents out an apartment to dozens of people at the same time. Then they hide with the money, and you are evicted. A very common scam and often used so be careful because in all cases you are losing a lot of money.
Do I need a realtor when drawing up a lease agreement for an apartment?
Intermediaries do not participate in the contract of renting an apartment in any way. It is signed
only between the owner of the property and the tenants. Therefore, at best, the realtor will simply
He did not come to conclude a contract, but to earn money. The task of the intermediary is to
bring tenants to the owner and receive their percentage. There is no more responsibility.
Everything that happens after the transaction does not bother the realtor and he will not answer in
any way if the owner turns out to be a scammer, and they want to immediately evict the tenants.
Therefore, the realtor does not provide any insurance and guarantee in the apartment rental
transaction, but only interferes with the free communication of the owner and tenants.
You need to be careful with realtors, but the owner himself also bears a lot of risks. It is very
important to check the documents of the owner and the apartment before concluding a lease
agreement. Fraudulent schemes often occur.
Checking documents before signing a lease agreement
Before signing a lease and transferring any money, you need to check who is in front of you - is it
really the owner of the property or is it a scammer. Don't rely on chance.
Always carefully check the correspondence of the surname in the documents for the apartment
and the surname of the owner.
Any other people - friends, neighbors, relatives, representatives of the owner cannot conclude an
agreement with you without a power of attorney. Most likely they are scammers and they are
trying to scam you.
All owners must agree to rent an apartment, and if the owner is married, then the consent of the
wife/husband is required. Otherwise, you may be evicted by the second owner of the apartment.
The owner must prepare in advance and have an identity document with him - a passport and a
document confirming the ownership of the apartment.This may be a contract of sale, a certificate of inheritance, a gift agreement, a court decision, etc.
If you check and the owner of the apartment is in front of you, then you can move on.
Personal contact between owner and tenants
Not only official documents are important, but also positive personal contact between the owner
and tenants. If you have found a common language and understanding, then all subsequent
relationships and negotiations should go well.If the communication did not go right away, then
most likely there will be problems in the future when renting an apartment and it is better to
immediately look for another option.
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