Rental of residential property

Rental property

• It is very important to accurately register the property being rented. Otherwise, the parties may acquire rights to a larger rental unit than intended.
  
  The following must be stated, along with a clear description of the rented property:
  

• the property registration number

• the floor area (in square meters)

• the number of rooms
  
  It is necessary to specify whether the lease concerns a room or an entire apartment.
  Any special groups of tenants must be stated, i.e. whether the housing is intended for specific groups such as elderly or students.

Rental period

• Lease agreements may be for a fixed term or for an indefinite term

• Fixed-term agreements expire at the end of the agreed period without the need for formal notice, unless otherwise agreed

• An indefinite-term agreement may only be terminated by stating the reasons for termination (applies to agreements entered into on or after 1 September 2024)