GIPE Newsletter 6th february 2024

HOUSING LEASING:

Tips for choosing the best tenant

First of all, it is important to write a detailed advertisement that includes all the relevant information, such as the characteristics of the apartment, the number of rooms, access requirements and the price.

Once interest begins to appear, you should analyze both their solvency and their own profile, to verify that they are serious people.

To consider a tenant solvent, the monthly rent should not exceed 30-40% of her salary. In addition, it is advisable to ask them if they have previously signed other rental contracts and ask for references from other landlords.

Remember that in order to rent, the tenant must have a DNI, NIE or passport.

Once you have studied the documentation, make a shortlist of candidates and ask yourself what you need. For example: if you are interested in a short-term rental, choose students; If you prefer something more long-term, a family would be a good option.

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REAL ESTATE INTERMEDIATION:

Don’t let your fees be prescribed

An intermediary signed an exclusive sales order with the seller of a home. After the property was sold and in accordance with the conditions agreed upon in said order, the intermediary had the right to collect the fees from it. However, the claim was rejected and the seller did not have to pay, since a three-year statute of limitations applies to this type of debt (fees for a real estate brokerage). In this case, the intermediary complained when five years had already passed, so he could not collect his fees.

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TAXES:

In case of death, there is no breach

In order to avoid paying personal income tax on the profit obtained from the sale of a habitual residence, it is necessary to allocate the entire amount obtained from the sale to the purchase of a new habitual residence within a period of two years from the date on which transmission has occurred.

The Treasury has recognized the right to apply this exemption for reinvestment in a habitual residence to a person who had sold his habitual residence and who died shortly after, without having time to reinvest in a new home. Therefore, the heirs of the deceased, who are the ones who must submit the latter’s personal income tax self-assessment, can benefit from this exemption, since the reinvestment could not be carried out due to death.