If so, you will be pleased to know that many of the existing rent laws have recently been updated, which offers you additional protection as a tenant in Spain if you rent long term. If the deposit is not repaid by the administration within one month of the end of the lease, the result is legal interest that must be returned to the tenant. Owners love the LPA rental contract because it represents years of experimental experience and error of very painful and costly experiences with tenants. This form of rental has always successfully saved us from serious tenant nightmares and lost a lot of money! In the event that the tenancy agreement or contract does not set the duration of the tenancy agreement, a one-year period without infringing the tenant`s rights is implied for the extension to the entirety of five or seven years. The duration of the tenancy agreement can be freely agreed by both parties before the lease, but the tenant has the right to rent a property for a period of at least five years, the contract (Contrato de Arrendamiento) being renewed each year. The purpose of this article is to outline the most important laws and rental rights when renting a property in Spain, so that you are fully armed before and after signing a new contract. Under the new legislation, rent increases during a lease agreement must not exceed the Consumer Price Index (CPI) or the measure of inflation. This puts an end to leases that included a mandatory annual rent increase. Before signing a rental agreement, it is a good practice to check that the person from which you rent the property is actually the owner and not someone who is trying to sublet the property to make a profit. Before the start of a tenancy agreement, the landlord has the right to apply for a maximum rent of one month in the form of a surety plus one month`s rent.
The lease agreement must contain the following provisions: The deposit cannot be increased during the first five years of tenancy (seven years if the lessor is a legal entity), but can be increased if a tenancy agreement is extended by 5 years. After the expiry of the lease, the deposit can be sought and repaid, subject to all damages and losses that the lessor must prove. If, within three months of the tenant`s death, the lessor is not notified and the proof of death is presented in the form of a death certificate and is accompanied by the identity of the person who wishes to take over the tenancy agreement, the contract is terminated. If no one takes over the lease, the contract will be automatically terminated.