Real estate is usually rented with one-year leases, but there are exceptions and some landlords are open to negotiation over the duration of the rent. Using a bilingual Chinese-English lease will help you and your landlord feel comfortable with what you sign and what the expectations are. Remember that no matter what contract you use, you should always ask these 5 questions before signing a lease in China. The agreement will be immediately given to you in Word format so that you can re-check and print as you please. As a general rule, a refundable deposit is required and must be refunded within 30 days of the tenant`s departure from the accommodation, provided a damage investigation is necessary. One or two months` rent is the standard deposit amount, although some landlords ask for more. Bail bonds will be refunded on the last day of a rental agreement. If a contract is terminated before the end of the lease, the owner will retain the security deposit. If a serious dispute arises over a part of the contract and cannot be settled in private, the matter can be moved to the China International Economic And Trade Arbitration Commission. An easy way to protect yourself in China is to provide your own rental contract. What if there was a Chinese lease that you could download, which has already been translated into English and could be used to negotiate simply with your landlord? If you want to download a free Chinese rental model that you want to use when signing a lease for an apartment in China, you are in the right place. I would like to share with you not only a good Chinese lease project that you can download, but also a first class Sino-English bilingual lease that you can also use.
Monthly rents are sometimes negotiable with a landlord. Some landlords charge 12 monthly payments either in cash or by bank deposit, while others may require that the rent be paid in advance in quarterly instalments. In some parts of the country, six-month rents are more common, with full rent being paid in advance. There is also the real estate agent`s tax when the tenant has had his services in mind. Of course, the problem with the agreement above is that it is all in Chinese, which means that if you don`t read and write Chinese, you don`t really understand much of it. This Chinese lease is a simple unilateral contract that covers the basics of what you need if you sign with your landlord. To get a free copy of the Chinese rental agreement directly in your inbox, add your name and email address below. A written agreement facilitates the development of these problems. The rental agreement is usually written only in Chinese. It is possible to request an English translation, but in the event of a dispute, the Chinese version is the legally binding document.
The lease is concluded either between the lessor and the individual or between the owner and the employer. Details of the contract must include the monthly rent and terms of payment, the duration of the tenancy agreement, the terms and the value of the deposit paid. It should also contain other items such as maintenance, services and invoices, as well as all restrictions, such as. B if pets are allowed. All conditions, such as notice by both parties (sometimes referred to as a „diplomatic clause“), should also be included. An inventory of the items in the dwelling and their general condition can be drawn up at the beginning of the agreement, and this should be verified and approved by the tenant. Once the lease is signed, the owners are officially required to notify the local authorities of the contract, which then levy a stamp duty of 0.1 per cent of the rent (the costs of which are shared between the landlord and the tenant). Foreigners who have housing as part of their employment program also need their landlord to provide the business with a monthly receipt (known as Fapiao).