- Execution time:
from 2 hours
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- Documents for an individual:
Passports and TINs of the parties, Consent of a property owner’s spouse, in case the owner was married when purchasing the property, as well as passport, TIN, marriage certificate or a notarized permit application, executed before, Consent of a tenant's spouse in case the tenant is currently married, as well as passport, TIN, marriage certificate or a notarized permit application, executed before
- Documents for a legal entity representative:
Legal entity documents (articles of association, extract), Director’s (company authorized representative’s) passport and TIN and documents confirming the director’s authority (order of the director’s appointment, minutes of election of the director), notarized power of attorney, if the authorized person is acting., Seal, Legal entity’s decision to conclude a tenancy agreement (minutes of general meeting)
- Required real estate documents:
Real estate title documents , Technical certificate for real estate
- Please note:
Residential tenancy agreements with a validity period of more than 3 years are to be certified before a notary public.
The acquirement of your own apartment is a process of considerable expenses, that is why many of us just rent an accommodation. There is a chance that disputes and inconsistencies arise between an apartment owner and a tenant. Accommodation Rental Agreement is crucial to be concluded between a tenant and an accommodation owner to avoid any further conflicts and make their relationships official.
Accommodation Rental Agreement is an agreement concluded by and between an accommodation owner and a natural person who wants to rent such accommodation and use it as a residence for a certain period of time for an agreed payment.
Accommodation Rental Agreement is usually drawn up in written and comprises the following terms and conditions:
- Name and details of the parties (full name and passport details);
- Specification of an accommodation to be rented (address, number of rooms, area);
- Duration of the agreement;
- Method, term and amount of payments;
- Conditions of early termination of the agreement;
- In case of early termination or cancellation of the agreement, explicit procedure of repayment is necessary;
- List of all necessary rights and obligations of the parties;
- Provisions on the liabilities of the parties;
- Other provisions that are mutually defined by the parties as significant.
If the Accommodation Tental Agreement is concluded for the period of more than 3 years, notarisation of such agreement is a must; moreover, such agreement is subject to registration in the State Register of Proprietary Rights to Immovable Property. If the agreement stipulates no specific duration, it is considered to be concluded for 5 years.
- Question-answer::
How to draw up the Residential Property Rental Agreement?
It’s important that in the Residential Property Rental Agreement all the nuances are taken into account so that there are no controversial points between the parties. If the agreement is concluded for a period over 3 years, then it should be notarized.
How do I terminate my Residential Property Rental Agreement?
The legislation provides for cases of early termination of the contract by each of the parties. For example, the rented property does not correspond to the signed agreement, or the conditions under the agreement are not met.
Where can I execute the Residential Property Rental Agreement?
Residential Property Rental Agreements in Kyiv are drawn up by the notaries. In Ukraine, agreements concluded for a period of more than 3 years are subject to compulsory notarization. The document is to be registered in the State Register.
Which papers do I need for the Residential Property Rental Agreement execution?
Each party should have a passport and TIN for the agreement execution. You also need the documents confirming your ownership title.
