Long Term Rental rules and advice

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17 Mar 2017 09:56 by frankg Star rating. 9 posts Send private message

Hi All

This is my first post here and hope you can give me some advice.

I am currently renting a piso in Mallorca (with me as the tenant). I initially rented it for 3 years and last September, at the end of that period, continued the rental for a further 12 months (due to end in Sept 2017).

I am unsure of where I stand regarding continuing with the rental in as much as....do I have to repeat the process and renew the lease for another 3 years with the possibility of another 12 months rental at the end of that period or am I entitled to limit my commitment and only extend the rental for a further 12 month period?

Ideally I would like to limit the rental to 12 months from this coming September.

I would be grateful for any advice.

Thanks in advance

Frank

 


This message was last edited by frankg on 17/03/2017.



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17 Mar 2017 12:40 by Tadd1966 Star rating in Los Montesinos. 1757 posts Send private message

frankg

Why not simply ask your landlord and see what he says then look into any "legalities"

 



_______________________
“The greatest enemy of knowledge is not ignorance; it is the illusion of knowledge”



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17 Mar 2017 12:50 by frankg Star rating. 9 posts Send private message

Of course but a bit of advance knowledge is always good.





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17 Mar 2017 13:30 by Tadd1966 Star rating in Los Montesinos. 1757 posts Send private message

frankg

I am not sure I understand

You had a lease for 3 years then extended it for a further 12 months

Why not follow the same process

Does you exitsing lease say you have an option to renew extend? If so how long does it state?

Any new lease can have whatever period of time you and the landlord agree upon



_______________________
“The greatest enemy of knowledge is not ignorance; it is the illusion of knowledge”



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17 Mar 2017 13:47 by frankg Star rating. 9 posts Send private message

Ahh right....that's what I'm trying to determine. So there is nothing in rental law to say that I have to repeat the same process after the current 3 years plus 1 has expired?

So if I want to renew only for one year then that is ok as long as the owner/landlord agrees?





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17 Mar 2017 16:12 by Tadd1966 Star rating in Los Montesinos. 1757 posts Send private message

seems obvious to me and nothing in the law that I am aware of stopping you if botth parties agree

good luck



_______________________
“The greatest enemy of knowledge is not ignorance; it is the illusion of knowledge”



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17 Mar 2017 20:33 by frankg Star rating. 9 posts Send private message

24 Mar 2017 19:54 by mariadecastro Star rating in Algeciras (Cadiz). 9243 posts Send private message

Legal Questions? Speak to Maria Direct

These links below might help you solve your questions. If any question remains..... just let me know here:

https://issuu.com/mariadecastro/docs/rental_act_2013

 



_______________________

Maria L. de Castro, JD, MA

Lawyer

Director www.costaluzlawyers.es

El blog de Maria



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