1. TEMPORARY RENTAL AGREEMENTS
Introduction
For the owners and passengers or tenants, is important to have some items as clear as
possible regrading temporary rental agreements. The agreement is an instrument that
establishs the relationship between both sides and it’s important to know what you are
signing when you sign an agreement
Who signs the agreement and the responsabilities
The agreement is signed between the owner and the tenant, the agencies, realtors or
brokers are intermediarys, no matter to whom they charge the commission.
The agencies obligation is that what was offered is what you are getting and that is has
the equipment that was promoted and that is available for its ocupation on check in.
The rest of the obligations are for the owners and the tenants.
What do temporary rental agreements contain?
a- Information of those who sign: names, addresses, phone numbers and id. Numbers
(DNI, passport number, etc)
b- Dates of arrival and departure
c- Agreement values/rates
d- Security deposit value, date and way its going to be returned
e- Specific responsabilities
f- Payments, for example in medium term rents eg 5 months
g- Fines in case of breach of contract.
h-Jurisdiction were the case will be solved in case of dispute
Inventory
In some cases, owners do not make you sign an inventory, my recomendation is that its
fundamental to sign an inventory. And not any inventory, one that has the values, as if
2. something brakes or theres any inconvinient, what has been stated beforehand is always
better. It has happened that owners over valued their own paintings or pictures and
tenants that broke something and then said it was too expensive.
I hope this information was useful and if you need a tempoary rental agreement, you just
have to go onto Yes-apartments.com and download the model of the contratc.
Daniel Fortser
(Translated by Elena Paz)