Last Updated on July 14, 2024 by Ideal Editor
Preparing Rental Contracts in 2024 – Pay attention to this detail!
As discussions between landlords and tenants continue, many people are researching what to consider when preparing rental contracts in 2024. So, how do you prepare a rental contract for 2024? Here are the things to pay attention to…
Over the past two years, discussions between property owners and tenants have escalated significantly. The primary cause of this escalation was removing the 25 per cent increase limit on rent. Even though the limit was removed, discussions have persisted. It is crucial to prepare the rental agreement accurately to minimize disputes. What factors should be taken into consideration at this point?
Real Estate Law Specialist Lawyer Ali Güvenç Kiraz emphasized the importance of preparing a written rental agreement in which the rental period, date, condition of the house, and fixtures are clearly specified. Including these details in the rental agreement is crucial to prevent potential disputes between tenants and landlords.
Real Estate Law Specialist Lawyer Ali Güvenç Kiraz stated that if the rental is in writing and within the scope of the written rental agreement, the tenant can open basic services such as natural gas, electricity, and water. Additionally, the tenant can legally request an annual increase. By fulfilling these responsibilities, the tenant complies with their basic obligations.
“We place importance on defining the rental period and dates in the rental agreements. It should be specified the rental periods, the duration of the rental, and the rent payment frequency. Another crucial point is determining who will sign the contract. In our rental agreements for family dwellings, the signature of either spouse is sufficient.”
Annual Increase Rate should be Documented
“One of the most important items to include in the rental agreement is a clear statement of the rate of increase in the contract.
Ali Güvenç Kiraz stated, “The increase rate cannot be determined arbitrarily. According to Turkish law, a contract cannot be made that will exceed the twelve-month average of the CPI.
Include a Deposit Fee in the Contract
Ali Güvenç Kiraz also stated that it is necessary to include the amount of the deposit paid in the contract. The deposit should be a maximum of three months and can be requested in monthly installments. The eviction agreement is valid, and while a guarantor may be requested, it is recommended that owners request a security deposit instead. Lastly, for those who pay rent in cash, they should provide the landlords with a receipt and payment documentation as proof of payment.
FAQs: How to Prepare a Rental Contract for 2024
- What are the essential details to include in a rental contract for 2024?
A rental contract should specify the rental period, payment dates, condition of the property, fixtures included, and the agreed rental increase rate to minimize disputes between landlords and tenants. - Why is it important to have a written rental agreement?
A written rental agreement is crucial as it legally protects both parties, allowing tenants to access essential services like utilities and ensuring that the terms, such as rental increases, are clearly defined. - What should the rental increase rate be based on?
The rental increase rate must be documented in the contract and cannot exceed the twelve-month average of the Consumer Price Index (CPI), as stipulated by Turkish law. - What is the maximum amount for the security deposit, and how should it be documented?
The security deposit should not exceed three months’ rent and must be clearly stated in the contract. It can be requested in monthly installments, and landlords should also keep documentation of this deposit. - What steps should tenants take to ensure proper payment documentation?
Tenants paying rent in cash should always request a receipt and maintain proof of payment to avoid potential disputes and to ensure compliance with the rental agreement.
