✍🏼 What should I check before signing a lease?

✍🏼 What should I check before signing a lease?

Published 5 months ago

1. Lease term and renewal

  • Start and end dates: Confirm the exact duration of the lease
  • Renewal terms: Can the lease be extended? Are there automatic renewals, or do both parties need to agree?

2. Rent retails

  • Exact amount: Ensure the written rent matches verbal agreements
  • Payment due date: When is rent due (before the 10th of each month)?
  • Late fees: Penalties for late payments (commonly 5–10% of monthly rent)

3. Security deposit

  • Amount: Typically 1–3 months’ rent
  • Refund conditions: When and how it will be returned (deductions for damage, unpaid bills)

4. Maintenance responsibilities

  • Repairs: Who covers repairs (landlord for major issues like plumbing, tenant for minor damage)?
  • Cleaning: Who is responsible for final cleaning before moving out?

5. Utilities and bills

  • Included costs: Are water, electricity, internet, or garbage fees covered in the rent?
  • Meter readings: Who manages utility accounts (landlord or tenant)?

6. Subletting and assignments

  • Subletting: Can you sublet the property if needed? Requires landlord approval?
  • Assignment: Can you transfer the lease to someone else?

7. Termination clauses

  • Notice period: How much notice is required to end the lease (typically 1–2 months)?
  • Early termination penalties: Fees for breaking the lease early (1–3 months’ rent)

8. Property condition

  • Move-in checklist: Document the property’s current state (photos, written logs) to avoid disputes over damage later
  • Pre-existing issues: Note any existing damage or repairs needed before moving in

9. Penalties and fees

  • Damage deductions: What defines “damage,” and how are costs calculated?
  • Key replacement fees: If keys are lost or duplicated

10. Guarantor requirements

  • Need for a guarantor: Required for foreigners or those without local credit history?
  • Guarantor obligations: What liabilities does the guarantor assume?

11. Legal registration

  • Lease registration: In Taiwan, leases longer than 2 years must be registered with the local household registration office. Even for shorter terms, some landlords may require this

12. Language and translation

  • Contract language: If the lease is in Chinese, ensure you understand all terms
  • Translation: Consider having it reviewed by someone fluent in both languages or a legal professional

13. Additional clauses

  • Restrictions: Rules about pets, smoking, noise, or parking
  • Subsidies: If applicable, clarify how government housing subsidies (for students) interact with the lease

14. Final checks

  • Read the contract thoroughly: Avoid signing blank spaces or vague terms
  • Negotiate terms: Clarify ambiguous points before signing
  • Keep copies: Retain a copy of the signed contract and all supporting documents

15. Mediation

  • Dispute resolution: Know how to address conflicts (Taiwan’s Consumer Protection Agency or small claims court)

By addressing these points, you can avoid misunderstandings and protect your rights as a tenant. If unsure, consult a legal advisor or a trusted real estate agent.

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