06/11/2023Jordi Sierra i Fabra once said: “Poets build castles in the sky, crazy people live in them, and somebody in real life collects the rent.” The world of rentals is also one of rights and responsibilities.
Owners: A Guardian of Your Rights
Every landlord seeks two simple things: receiving rent on time and finding their property in good condition at the end of the contract. This is where Rent Non-Payment Insurance comes in as a white knight:
- It helps you choose the tenant: It studies the solvency of candidates.
- Financial Security: It ensures the landlord receives unpaid rent and supplies.
- Heritage Protection: It is responsible for claiming damages and repairing acts of vandalism.
- Peace of Mind: All legal expenses are included, including eviction, if required.
Tenants: Protected by the Legal System
On the other hand, tenants are not simply temporary inhabitants. They are protected by laws that provide them with security and clarity:
Flexibility: If the contract is less than one year, the tenant decides whether they wish to extend it on a yearly basis, up to a maximum of 5 years.
Freedom: After six months, they can terminate the contract with one month’s advance notice.
Quality of Life: It is the owner’s responsibility to ensure that the home is habitable and in good condition.
Both owners and tenants have their cards on the table in the rental game. If you find yourself in the middle of this game and have questions, we are here to help you. Ask us without any obligation.
