There are many reasons why many people decide to rent a property, many times it is the lack of liquidity to be able to buy and other times, the fact that they do not stay permanently in one place and therefore do not consider buying.
However, from Lasose Properties & Investments, we always recommend managing the rental of any property through a contract, since in this way, misunderstandings will be avoided and all the rights and obligations of both the owner and the tenant will be established.
If we look at the duration of a contract we can find three types:
- Housing rental contracts for habitual residence: in these contracts, the duration can be agreed between the landlord and the tenant in exchange for rent. It is regulated by the Urban Leasing Law 29/1994 of November 24, which establishes that if the landlord is a natural person, it will have a maximum of 5 years and if it is a legal person, 7 years.
- Seasonal housing contracts: in this case, the rental contract will last for a certain period of time: weeks, months, school season, etc. They are also regulated by the Urban Leasing Law 29/1994.
- Housing contracts for tourist use: this rental usually has a short duration, since it includes vacation periods, and is regulated by each Autonomous Community.
On the other hand, a rental contract also serves different farms that can be rented:
- Housing rental contract: it is the most common, and consists of the owner giving a home to another person (tenant) in exchange for the payment of rent.
- Business rental contract: consists of renting urban buildings to carry out an industrial or service commercial activity.
- Storage room rental contract: these contracts are governed by the Civil Code and by the agreements that have been agreed in the contract.
- Garage rental contract: they are also governed by the Civil Code.
- Rustic property rental contract: included in the Civil Code and that occurs when an owner of a property or an operation temporarily cedes its use, enjoyment or some uses.
