TEN COMMANDMENTS TO RENT A REAL ESTATE IN ROMANIA

By: Eli Doron, Adv; Yaron Tikotzky, Adv, (C.P.A); Dr.Slomo Nass, Adv, (C.P.A)

1/1/1900

1. If the lease is intermediated by a real estate agency, the tenant shall negotiate with the agency a fixed fee, not a percentage of the rent price.
    
2. After identifying the real estate, you should carry out a due dilligence regarding the ownership title to the owner.
3. You have to check if the owner has outstanding debts to the utility providers.
    
4. If the owner rents through a representative, the tenant needs to check if the owner’s representative has a special mandate for rent.
    
5. Negociate the rental agreement under the assistance of a lawyer.
    
6. You must expressly stipulate in the contract certain clauses, regarding the obligations of the owner (maintenance repairs, major repairs, insurance etc.)
    
7. It would be better to stipulate a fixed fee as the damage of the owner in case of early termination of the agreement, in the event of unilateral termination of the contract by the tenant.
    
8. Regarding the amount representing the security, it must expressly stipulate the situations when the owner is entitled to execute this amount.
    
9. In the rental agreement it must be set a date on which space will be delivered (under the sanction of paying penalties for failure) and at the respective date you and the owner have to conclude a delivery-reception protocol regarding the state of the leased space, the inventory of goods, the records of the utility meters etc.)
    
10. The signing the rental agreement has to be made under the assistance of a lawyer, as it has a more probative value in front of the court, in case of an eventual litigation.