One of the best ways to rent out a property with safeguards in place and peace of mind is to use real estate professionals who can help you – from the outset in terms of the choice of tenant, as well as in the management of paperwork and any problems and issues that may arise throughout the rental period.
To answer any questions you may have, at Lasose Properties & Investments we explain the main rights and duties that go hand in hand with being a property owner.
Landlord’s rights
- The landlord can, within the law, establish all the conditions that s/he wishes in the rental contract, including: the deposit, the monthly rent, the rent update at the end of the rental period, and possible compensations.
- The landlord can recover the property in the case of needing to use it as a habitual residence, either for her/himself or for first-degree relatives or spouse, in the case of separation, divorce or annulment, although s/he will have to occupy it during the three months following the separation, divorce or annulment.
- Proceed to evict the tenant in the event of non-payment of rent.
- To recover the property in the same state in which it was rented. In the event that there has been damage to the property, the landlord is also able to keep part of the deposit.
- To be able to claim compensation if the tenant leaves the property before the end of the rental contract.
The landlord’s obligations
- To return the full security deposit if there has been no damage to the property.
- To carry out the necessary repairs to keep the property in a habitable condition without increasing the rental price.
- Maintain the rental contract even if the owner changes, for example in the case of annulment, separation or divorce, the spouse could become the owner of the rental.
- Pay taxes (IBI) and municipal taxes, such as rubbish.
