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Rental Listing Question

picart035

Hello,


Would someone please be so kind as to explain to me what these requirements are?


Contracting conditions:

- Presentation of personal documents

- Performance test for the last 3 months

- IRS and settlement note (in the absence of a job contract)

- 2 returns + 2 quotes


Thank you.

See also

Real estate listingsBuying property in PortugalBuying property in PortoAccommodation in PortoAccommodation in Lisbon
elizabethtPT

Was this list originally sent in Portuguese? Could you share that here?


Here's my best guess of what they are looking for, but it's hard to say for certain without seeing the Portuguese version. We rent out properties for long-term rental with relocation support, and from that experience this is what I what think they are after:

  1. Proof of ID (passport, residency card, etc)
  2. Proof of income for the last 3 months (payslips, bank statements, etc)
  3. Proof of pension/social security  (if no work contract)
  4. 2 months' rent + 2 months' deposit


The above is what is normally requested (although number of months can vary by landlord), so this is my best guess as to what they are looking for - hope this helps!

JohnnyPT

It's like @elizabethtPT said. Nowadays, 2 to 6 advance rents (rendas antecipadas) and 1 to 2 months' security deposit (meses de caução) are requested by the owner. These numbers vary from owner to owner. All these rents or security deposit paid in advance and conditions under which they are paid back to the tenant, must be written into the rental contract signed by both tenant and owner.


The advance rents are to cover possible defaults by the tenant. And these rents will be used to pay the last few months of your contract in advance. The months of security deposit will also be returned at the end of the contract OR will be used to pay the last months' rent if the house is left to the owner without being destroyed.

TGCampo

It's like @elizabethtPT said. Nowadays, 2 to 6 advance rents (rendas antecipadas) and 1 to 2 months' security deposit (meses de caução) are requested by the owner. These numbers vary from owner to owner. All these rents or security deposit paid in advance and conditions under which they are paid back to the tenant, must be written into the rental contract signed by both tenant and owner.
The advance rents are to cover possible defaults by the tenant. And these rents will be used to pay the last few months of your contract in advance. The months of security deposit will also be returned at the end of the contract OR will be used to pay the last months' rent if the house is left to the owner without being destroyed. - @JohnnyPT

Hi JohnnyPT. Who is in control of the security deposit (meses de caução)? Is this amount held in a "special" bank account where neither the landlord nor the tenant has exclusive rights? Thanks.

JohnnyPT

The months of security deposits are kept by the landlord, but he must issue the receipts on the portaldasfinancas website with the option 'caução’ indicated on the receipt that will be given to the tenant. The truth is that most landlords don't want to return this amount to the tenant. That's why, as a general rule, those months of caução are turned into rents at the end of the contract.

picart035

@elizabethtPT

Thanks for getting back to me Elizabeth. Here it is in Portuguese:


Condições de arrendamento:

- Apresentação de documentos pessoais

- Comprovativo de rendimentos dos 3 últimos meses

- IRS e nota de liquidação (na falta, contrato de trabalho)

- 2 rendas + 2 cauções

JohnnyPT

Here it is in Portuguese:Condições de arrendamento:- Apresentação de documentos pessoais- Comprovativo de rendimentos dos 3 últimos meses- IRS e nota de liquidação (na falta, contrato de trabalho)- 2 rendas + 2 cauções - @picart035


All this has already been explained previously. These types of requirements are not exclusive to Portugal. What are you doubts about this ?