Advice please about long term rental rules
#1
Thread Starter
Just Joined

Joined: Oct 2012
Posts: 22

Hi All
Apologies...have searched and can't find an answer to this, so sorry if this has been answered before. I would REALLY appreciate some advice. Briefly, I'm renting a holiday apartment for 2 weeks from early Jan in Torrox area, to give me time to find a long term rental. (Will be doing voluntary work, not seeking employment). Have been in touch with several agents to view long term but getting some conflicting info!!
One agent said...rent for 11 months (to get the best price). When I asked "what happens if I want to move before the 11 months is up" she replied "that's fine, you'd just loose your deposit of 1 months rent but you'd still have benefitted from the cheaper rate"! Is this correct? Seems very unfair on the landlord if it's true. To confirm...I'm certainly not planning on leaving before the end of the contract, but simply wanted to know what would happen if I did.
A second agent has said when I sign the contract, I need to pay 1 months rent in advance (fine), but also 2 months rent as deposit. I've seen on here legally it's just a month rent up front and 1 month as a deposit. Assuming that's correct, does this agent sound dodgy to you? I also asked this agent about "what if I leave before the end of 11 months" and she said (in writing, via email)..."if you move on I'll get you your deposit back"!!??
I am SO confused about all this. Again, sincere apologies if this is covered somewhere but please can you help me out here? Thank you in advance.
Apologies...have searched and can't find an answer to this, so sorry if this has been answered before. I would REALLY appreciate some advice. Briefly, I'm renting a holiday apartment for 2 weeks from early Jan in Torrox area, to give me time to find a long term rental. (Will be doing voluntary work, not seeking employment). Have been in touch with several agents to view long term but getting some conflicting info!!
One agent said...rent for 11 months (to get the best price). When I asked "what happens if I want to move before the 11 months is up" she replied "that's fine, you'd just loose your deposit of 1 months rent but you'd still have benefitted from the cheaper rate"! Is this correct? Seems very unfair on the landlord if it's true. To confirm...I'm certainly not planning on leaving before the end of the contract, but simply wanted to know what would happen if I did.
A second agent has said when I sign the contract, I need to pay 1 months rent in advance (fine), but also 2 months rent as deposit. I've seen on here legally it's just a month rent up front and 1 month as a deposit. Assuming that's correct, does this agent sound dodgy to you? I also asked this agent about "what if I leave before the end of 11 months" and she said (in writing, via email)..."if you move on I'll get you your deposit back"!!??
I am SO confused about all this. Again, sincere apologies if this is covered somewhere but please can you help me out here? Thank you in advance.
#2
Lost in BE Cyberspace










Joined: Apr 2009
Posts: 7,749











Hi All
Apologies...have searched and can't find an answer to this, so sorry if this has been answered before. I would REALLY appreciate some advice. Briefly, I'm renting a holiday apartment for 2 weeks from early Jan in Torrox area, to give me time to find a long term rental. (Will be doing voluntary work, not seeking employment). Have been in touch with several agents to view long term but getting some conflicting info!!
One agent said...rent for 11 months (to get the best price). When I asked "what happens if I want to move before the 11 months is up" she replied "that's fine, you'd just loose your deposit of 1 months rent but you'd still have benefitted from the cheaper rate"! Is this correct? Seems very unfair on the landlord if it's true. To confirm...I'm certainly not planning on leaving before the end of the contract, but simply wanted to know what would happen if I did.
A second agent has said when I sign the contract, I need to pay 1 months rent in advance (fine), but also 2 months rent as deposit. I've seen on here legally it's just a month rent up front and 1 month as a deposit. Assuming that's correct, does this agent sound dodgy to you? I also asked this agent about "what if I leave before the end of 11 months" and she said (in writing, via email)..."if you move on I'll get you your deposit back"!!??
I am SO confused about all this. Again, sincere apologies if this is covered somewhere but please can you help me out here? Thank you in advance.
Apologies...have searched and can't find an answer to this, so sorry if this has been answered before. I would REALLY appreciate some advice. Briefly, I'm renting a holiday apartment for 2 weeks from early Jan in Torrox area, to give me time to find a long term rental. (Will be doing voluntary work, not seeking employment). Have been in touch with several agents to view long term but getting some conflicting info!!
One agent said...rent for 11 months (to get the best price). When I asked "what happens if I want to move before the 11 months is up" she replied "that's fine, you'd just loose your deposit of 1 months rent but you'd still have benefitted from the cheaper rate"! Is this correct? Seems very unfair on the landlord if it's true. To confirm...I'm certainly not planning on leaving before the end of the contract, but simply wanted to know what would happen if I did.
A second agent has said when I sign the contract, I need to pay 1 months rent in advance (fine), but also 2 months rent as deposit. I've seen on here legally it's just a month rent up front and 1 month as a deposit. Assuming that's correct, does this agent sound dodgy to you? I also asked this agent about "what if I leave before the end of 11 months" and she said (in writing, via email)..."if you move on I'll get you your deposit back"!!??
I am SO confused about all this. Again, sincere apologies if this is covered somewhere but please can you help me out here? Thank you in advance.
Be aware that the only legal long term rental contract is one that lasts at least a year and up to 5 years
The 11 month contract is for people renting the property short term as a second home. It is completely illegal for people using it as a first home, but it used a lot on the Costas. If you sign one like this then dont give them more than 1 months deposit as it will be riskier to sort out any disagreements
#3
As a landlord, I can probably advise a little better.
Contract should be for a year - the 11 month contracts that people quote and use are no good at all. The landlords believe that it is beneficial to them, but they're not! Also make sure that the contract is in Spanish and clearly details who is responsible for paying what (gas, water, electric, IBI etc) and also, who is responsible for the maintenance of everything.
Regarding the up-front costs - You will always pay one months rent in advance. The norm is then to only pay 1 month's deposit (fianza) - here I disagree with CMan. Some landlords/agents will ask for two or more months but it's not the norm and can always be negotiated in the current market.
You may also be asked to pay a 'fee' to the agent. They will either call it a finders fee, a contract fee or whatever. Our agents always charge this and it's paid between the landlord and the tenant (6% each in our case). I personally think this is fair for the work the agent does - others on here will argue that it's wrong (illegal) and that you shouldn't have to pay it .....
Best of luck .
Contract should be for a year - the 11 month contracts that people quote and use are no good at all. The landlords believe that it is beneficial to them, but they're not! Also make sure that the contract is in Spanish and clearly details who is responsible for paying what (gas, water, electric, IBI etc) and also, who is responsible for the maintenance of everything.
Regarding the up-front costs - You will always pay one months rent in advance. The norm is then to only pay 1 month's deposit (fianza) - here I disagree with CMan. Some landlords/agents will ask for two or more months but it's not the norm and can always be negotiated in the current market.
You may also be asked to pay a 'fee' to the agent. They will either call it a finders fee, a contract fee or whatever. Our agents always charge this and it's paid between the landlord and the tenant (6% each in our case). I personally think this is fair for the work the agent does - others on here will argue that it's wrong (illegal) and that you shouldn't have to pay it .....
Best of luck .
#4
Thread Starter
Just Joined

Joined: Oct 2012
Posts: 22

OK, thanks both of you. So, I'd go for a 12 month contract. But..can anyone advise about what would happen if I did leave before end of the 12 months. To confirm, I'm not planning on doing this....but simply want to understand where I'd be legally if circumstances changed? Thank you.
#5
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Joined: Apr 2009
Posts: 7,749











As a landlord, I can probably advise a little better.
Contract should be for a year - the 11 month contracts that people quote and use are no good at all. The landlords believe that it is beneficial to them, but they're not! Also make sure that the contract is in Spanish and clearly details who is responsible for paying what (gas, water, electric, IBI etc) and also, who is responsible for the maintenance of everything.
Regarding the up-front costs - You will always pay one months rent in advance. The norm is then to only pay 1 month's deposit (fianza) - here I disagree with CMan. Some landlords/agents will ask for two or more months but it's not the norm and can always be negotiated in the current market.
You may also be asked to pay a 'fee' to the agent. They will either call it a finders fee, a contract fee or whatever. Our agents always charge this and it's paid between the landlord and the tenant (6% each in our case). I personally think this is fair for the work the agent does - others on here will argue that it's wrong (illegal) and that you shouldn't have to pay it .....
Best of luck .
Contract should be for a year - the 11 month contracts that people quote and use are no good at all. The landlords believe that it is beneficial to them, but they're not! Also make sure that the contract is in Spanish and clearly details who is responsible for paying what (gas, water, electric, IBI etc) and also, who is responsible for the maintenance of everything.
Regarding the up-front costs - You will always pay one months rent in advance. The norm is then to only pay 1 month's deposit (fianza) - here I disagree with CMan. Some landlords/agents will ask for two or more months but it's not the norm and can always be negotiated in the current market.
You may also be asked to pay a 'fee' to the agent. They will either call it a finders fee, a contract fee or whatever. Our agents always charge this and it's paid between the landlord and the tenant (6% each in our case). I personally think this is fair for the work the agent does - others on here will argue that it's wrong (illegal) and that you shouldn't have to pay it .....
Best of luck .
You will not find a place to rent in Madrid or Barcelona with just 1 month's deposit, there is no way. They used to ask for a 6 month aval bancario. But now you can get away with a 3 month deposit
But in the Costas with lots of foreigners and casual renters, you can normally get away with a 1 month deposit
Finders fees, again depends on the location, the landlord and the estate agent, but normally the tenant pays in Spain, but you can negotiate this. We had to pay it in Barcelona/Oviedo, but got it split 50:50 on the CDS, where it is easier to negotiate with these things
#6
OK, thanks both of you. So, I'd go for a 12 month contract. But..can anyone advise about what would happen if I did leave before end of the 12 months. To confirm, I'm not planning on doing this....but simply want to understand where I'd be legally if circumstances changed? Thank you.
the bottom line is - if it's your home then the LAU (the rental law) applies, so they can't refuse to return your deposit (unless you wreck the place & they need it to put things right, of course) - I've even heard of agents saying that you have to pay to the end of the 11 months if you want to leave early!!
also - they can't force you to move at the end of the 11 months either, unless you have broken other terms of the contract, such as non-payment of rent
just make sure that the agent / owner knows that the property is your home & that a 'temporary' contract isn't what you want
#7
To answer the specific question "what if I were to leave before the contract expires?" - the answer is that the contract should state these terms, for BOTH parties.
However, the law is that you only need give one months notice.
By the way CMan, we live in a Spanish town far enough away from the 'Costas' yet still the practice is to only have to pay one months deposit - this is the legal minimum although I can understand in big cities the landlords needing more security.
However, the law is that you only need give one months notice.
By the way CMan, we live in a Spanish town far enough away from the 'Costas' yet still the practice is to only have to pay one months deposit - this is the legal minimum although I can understand in big cities the landlords needing more security.
#8
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Joined: Apr 2009
Posts: 7,749











To answer the specific question "what if I were to leave before the contract expires?" - the answer is that the contract should state these terms, for BOTH parties.
However, the law is that you only need give one months notice.
By the way CMan, we live in a Spanish town far enough away from the 'Costas' yet still the practice is to only have to pay one months deposit - this is the legal minimum although I can understand in big cities the landlords needing more security.
However, the law is that you only need give one months notice.
By the way CMan, we live in a Spanish town far enough away from the 'Costas' yet still the practice is to only have to pay one months deposit - this is the legal minimum although I can understand in big cities the landlords needing more security.
The city and business parts of Spain are different to the villages and tourist areas where often the landlord feels lucky to have a tenant at all
#9
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Joined: Feb 2011
Posts: 19,367
From: Mallorca











2 months is the standard here.
I have been told it's illegal (here, anyway) to demand more than 2 mos rent as a deposit. Also have been advised that if the landlord takes more than 2 mos as a deposit, and the contract ever goes into a legal dispute, it's a big strike against the landlord in court.
but I know some will demand as much as 6 months' deposit... if they think they can get it.
Deposits are rarely returned at the end of the contract anyway. It's apparently regarded as a "gift" around here.
I have been told it's illegal (here, anyway) to demand more than 2 mos rent as a deposit. Also have been advised that if the landlord takes more than 2 mos as a deposit, and the contract ever goes into a legal dispute, it's a big strike against the landlord in court.
but I know some will demand as much as 6 months' deposit... if they think they can get it.
Deposits are rarely returned at the end of the contract anyway. It's apparently regarded as a "gift" around here.
#10
2 months is the standard here.
I have been told it's illegal (here, anyway) to demand more than 2 mos rent as a deposit. Also have been advised that if the landlord takes more than 2 mos as a deposit, and the contract ever goes into a legal dispute, it's a big strike against the landlord in court.
but I know some will demand as much as 6 months' deposit... if they think they can get it.
Deposits are rarely returned at the end of the contract anyway. It's apparently regarded as a "gift" around here.
I have been told it's illegal (here, anyway) to demand more than 2 mos rent as a deposit. Also have been advised that if the landlord takes more than 2 mos as a deposit, and the contract ever goes into a legal dispute, it's a big strike against the landlord in court.
but I know some will demand as much as 6 months' deposit... if they think they can get it.
Deposits are rarely returned at the end of the contract anyway. It's apparently regarded as a "gift" around here.
true about deposits rarely being returned though




