In the previous article we provided a quick guide on how the Lease Agreement process works in order for you to be prepared for the challenges that you and your Relocation Associate could encounter. However, we didn’t talk about the main types of lease contract that Landlords usually provide…so here’s a list!
The standard Italian lease agreement is a 4+4 (Standard/Libero), which means that the contract has a duration of 4 years and it is renewed automatically of additional 4 years, if neither of the parties specifically request to terminate it earlier. According to the Italian Civil Code, the tenant can give notice to terminate the lease agreement earlier than the natural expiry of the agreement itself, by sending a registered mail at least 6 months earlier than the expiry date, only for serious reasons (such as, job displacement, death of family member, etc.). In order to meet your working necessities, your Relocation Associate will do their best to negotiate the notice period down to 3 months and the nature of the reason “at any time and for any reason”.
Keep in mind that some clauses need to be put in the contract, as the lease contract must adhere to the leasing laws dictated by the Italian Civil Code, such as duration of the contract, responsibilities of both landlord & tenant, costs such as security deposit, rent, condominium fees, etc. However, your Relocation Associate can walk you through the contract terms, so you understand the terms and conditions dictated by the contract.
Another type of lease contract is the 3+2 (Agreed/Concordato), which is typically a contract requested by the landlord as the landlord must be able to meet the requirement standards for this type of lease contract – therefore it is not something that a tenant can request. The 3+2 contract is a good option both for the landlord, who can benefit from tax reliefs, and the tenant, who can rest assure that the rental fee must comply with limits set forth in local agreements signed by trade associations of tenants and landlords. The minimum and maximum rent rates are based on various factors, such as the city’s area in which the property is, the total square meters of the property, and presence of public services. The duration of this contract is 3 years, and it is renewed automatically for additional 2 years, if neither of the parties specifically request to terminate it earlier. The notice period regulations are the same as for the 4+4 years lease.
The transitory lease contract is perfect for shorter stays as it has a duration from 1 month to 18 months. According to the Law, the tenant must have a specific and provable reason in order to demonstrate the brief duration of the contract, such as a temporary work assignment or a studying experience. Given the short duration of this contract, the tenant is not expected to take residence at the property’s address. At the end of the contract, the latter cannot be renewed automatically – however, once expired, if the tenant decides to stay, they can sign a new kind of contract, such as the abovementioned.
In any case, your Relocation Associate will support you in every step of the process and they will make sure that your needs and desires are met!
