Renting real estate: general rules, necessary documents

Renting real estate in Ukraine is a responsible step that requires careful preparation and compliance with certain rules. Whether you are planning to rent a home or a commercial property, it is important to know the main steps of the process and what documents will be required. This article will help you understand the general rules of renting real estate and prepare for the conclusion of the contract.

General rules for renting real estate:

  1. Search for a rental property. The first step is to define your needs and search for a suitable real estate object. You can use the services of real estate agencies, specialized sites, or contact private landlords.

  2. Viewing and evaluation of real estate. After choosing several options, it is recommended to inspect the objects in person. Pay attention to the condition of housing, communications, the availability of furniture and appliances, as well as the conditions provided by the landlord.

  3. Verification of documents. Before signing a lease, be sure to check the landlord's ownership documents. This ensures that you are entering into a contract with the owner or their legal representative.

  4. Conclusion of a lease agreement. The lease agreement is the main document that regulates the relationship between the tenant and the landlord. It should contain information about the leased object, terms of payment, rights and obligations of the parties, the term of the contract and the procedure for terminating it.

  5. Payment and key collection. After signing the lease agreement and making the first payment, you receive the keys to the rented property.

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Necessary documents for renting real estate:

  1. Passport or ID card : This document is required to prove your identity. Make sure it is valid at the time of signing the contract.

  2. Identification code (TIN) : The TIN is required for the execution of a lease agreement and other legal documents.

  3. Lease agreement : This is the main document that defines the terms of the lease. It must be in writing and signed by both parties.

  4. Documents for the lessor's ownership : These can be a certificate of ownership of real estate, an extract from the State Register of Rights to Real Estate or other documents confirming ownership.

  5. Additional documents : Depending on the landlord's requirements, additional documents may be required, such as a certificate of income, an employment contract or references from previous places of residence.

When drawing up a contract, you must pay attention to the following points:

  • Term of the contract and terms of its extension.
  • Date and method of payment of rent .
  • Conditions for the return of the guarantee (insurance) payment must be listed in specific cases when the lessor does not return the guarantee (insurance) payment, it may be the replacement of broken furniture or the need for dry cleaning. Because sometimes landlords try in every possible way not to return this payment, referring to the need to repair household appliances, which, for example, failed not because of the tenant, but because of a long period of operation.
  • It is necessary to note about force majeure circumstances nowadays, because the rental object may be in a war zone, and you will be forced to pay the rent.
  • Terms of termination of the contract , in what period and in what ways each of the parties informs each other.
  • In addition to the contract, we recommend making an act of acceptance/handover of the rental object , in which the presence and condition of all furniture, household appliances, and other items should be specified in detail. In addition, you can take a photo of the rental object .

Renting real estate is a process that requires attention to detail and compliance with the law. Proper paperwork and careful review of the rental terms will help avoid potential problems and make your rental experience as comfortable as possible. Therefore, when concluding a real estate lease agreement, we advise you to contact a lawyer for its evaluation and identification of all "pitfalls".

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Document templates that may be useful:

- Exchange contract (barter) (between residents, for real estate, other goods, services, for notarization) ;

- Lease Agreement (ukr/engl) / Lease Agreement (ukr/engl) ;

- Lease Agreement (engl) / Lease Agreement (engl) ;

- Contract for sublease of non-residential premises ;

- Lease agreement for premises (garage box) ;

- Notice of termination of the land lease agreement ;

- Apartment lease agreement (Ukrainian) ;

- Land lease agreement ;

- Lease agreement of non-residential premises ;

- Warehouse lease agreement ;

- Office lease agreement .

Date of publication: 11.07.2024

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