Register Rent Agreement Malta

For short rentals, the tenant can terminate his rental contract at the end of one month, without loss of the deposit, provided that he informs the owner one week in advance by registered letter. What are the contracts under the new rules? Leases for 2020 apply to all leases signed after June 1, 1995. All owners who rent out their property for primary purposes must report these assets to the Housing Authority. Rents for dwellings that remain in force after 1 June 1995, but before the entry into force of this Law and on 1 January 2021, under the initial and renewed conditions, should be registered until 1 January 2021. The new rent provisions, which aim to bring stability to the sector, include measures, mandatory registration of all private rental properties, as well as minimum and maximum rental periods for long and short rental sheets. In Malta, signing a lease is a simple procedure that is normally carried out through a real estate agency. Please note that rental agreements written in English are legally binding and the document is recognised by the Maltese court in case of breach of any part of the contract. Our Maltese lawyers can provide you with additional information about this if necessary. If you need more information about registering a rented property, below is a step-by-step video that guides you through the registration process. The non-registration of a lease can be an offence resulting in fines of up to 10,000 euros. Termination of a leasing registration before maturity: A long-term private lease must not last more than one (1) year. Any agreement of a shorter duration is considered to be agreed for a period of at least one year, unless it is a short private rental agreement or a shared rental.

For private residential leases, the lessor must register the contract within 10 days of the start of the lease agreement. Otherwise, the tenant can declare the contract himself and withhold part of the rent for the reimbursement of administrative costs. As part of the new rent reform, some leases must be registered. The Act applies only to primary-use leases entered into after 1 June 1995. Housing rental contracts concluded after June 1, 1995, but before the entry into force of this Act and which would still be in force on January 1, 2021, whether in the initial or renewed term, must be registered no later than January 1, 2021. There are no fees for the renewal of leases that are included in the contract as the lease is renewed annually. If you need more information about registering a residential property rental agreement, below is a step-by-step video that guides you through the registration process. However, the tenant is required to pay the lessor an amount equal to the rent until he evacuates the property. A claim for compensation may be submitted at the same time as the request for termination of the rental contract and/or the eviction of the tenant from the rented apartment. Late registration fee: 120 € The late registration fee is levied if the registration of the private lease is not registered within 10 days of the start of the lease. Renewal fee: €5 rental contracts renewed in case of termination must be re-registered and the €5 renewal fee applies. A long private lease must not last less than one (1) year.

An agreement providing for a shorter duration is considered to have been agreed for a period of at least one year, unless it is a short private accommodation rental contract or the rental of shared accommodation. In light of recent events related to COVID 19, we would like to inform them that our offices will be offering service to the public by appointment from June 16, 2020 in order to assist with the registration of the contract. . . .