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Apartment Rental Agreement Cyprus

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In addition, the deposit can be used for last month`s payment for apartment rentals through the agreement with the lessor. The bond in Cyprus – is a guarantee in case of unexpected losses during the rental of real estate. It is therefore a sum of money intended to compensate for the possible damage that the tenant may cause during his stay in the apartment or house. By law, a lease of real estate is not valid and enforceable for more than one year, unless it is signed in writing and at the end in the presence of at least two witnesses competent for signing and duly approved on behalf of the contracting parties. Moreover, an agreement whose importance cannot be certain or certain is ineffective. Failure to comply with the above provisions results in the nullity of the agreement and creates legal problems for the landlord in the event of a dispute with the tenant. It is no secret that if everyone signs a long-term lease for real estate in Cyprus, they should pay a down payment and fee for the first month. If there is a verbal tenancy agreement with an uncertain permanent salary, it should not have been more than one year to be valid. An unknown term or more than one year invalidates the lease. What happens next depends on the tenant`s entry into the property, whether it is in possession and how the rent is to be paid. The Tenant maintained ownership of the premises despite the dismissal and dismissal, and the court checked whether the tenant`s conduct was deterred from the invocation of termination and the legality of his termination. It should be noted that the lessor also terminated the tenancy agreement at the same time as the tenant`s termination of the lease, as the tenant owed late rental interest, while 21 days` notice, did not respond. For long-term leases of 6-12 months are to rent per calendar month in ADVANCE.

The property creates or limits rights or obligations and may exempt the owner who has abandoned the property from obligation. In the event that the tenant terminates the lease but does not cede the property to the lessor, the question arises as to whether the maintenance of the property compensates for the termination. The deposit is a modern and civilized way of giving the owner a guarantee that the rentals will be returned to him in good condition.

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