Let’s imagine a situation: you have decided to rent out your apartment and receive money for it. It is important to prepare the documents correctly and draw up a valid contract with the tenant. Otherwise, you are violating current legislation.

A different situation is when you let people live in your home for free. Although in some cases it is better to take a receipt, which will protect your property from theft and damage.

Renting out an apartment: the nuances

A contract drawn up between the landlord and the tenant helps achieve maximum agreement between the parties. This way you have the right to specify all the necessary points. For example, if you do not want to see animals on your property, agree on this in advance and put it in the contract.

The tenant also gets guarantees that the owner of the premises will not demand payment higher than the agreed amount and will not ask them to vacate the premises before the contract term expires.

Therefore, drawing up a correct agreement between the parties is the key to productive cooperation. You can rent out your housing yourself, or you can turn to special agencies that deal with real estate matters.

For example, the staff of Mataev Nadlan will help carry out the entire process. This way you do not have to worry about searching for tenants, checking their documents and drawing up the contract clauses yourself.

A realtor does this kind of work for you. As a result, you get verified tenants, a properly drawn-up contract and free time. And a great mood.

Short-term or long-term rental: what is the difference?

An important point when you have decided to rent out your property is the term for which the document is drawn up. Long-term rental means concluding an agreement for at least one year, while short-term rental may not exceed 5 days.

More often, you can rent out an apartment for a short time to:

• tourists;
• foreigners.

There are no problems concluding a short-term housing rental contract with foreigners. Usually such people come on matters of business, education or science. Therefore they need housing only for a short time.

You can rent out an apartment at any time. The only condition is having all the documents and a willingness to negotiate with potential tenants.