If you are considering renting an apartment and need guidance on rental contract requirements, please refer to the information below to help you draft your own apartment rental agreement in compliance with the latest 2024 regulations.

Saigon Luxury specializes in consulting on the sale and rental of apartments, villas, and penthouses in Ho Chi Minh City’s most prestigious projects, including Grand Marina Saigon, Empire City, Metropole Thu Thiem, and Diamond Island. Explore Saigon Luxury’s finest rental apartments.

Enter your email address below to download the English-Vietnamese bilingual apartment rental contract template.

[row col_bg=”rgba(213, 227, 239, 0.308)” col_bg_radius=”9″ v_align=”middle” h_align=”center” padding=”20px 30px 20px 30px”]

[col span__sm=”12″]

[page_header style=”simple” type=”subnav” text_color=”dark” align=”center” title=”ĐĂNG KÝ TƯ VẤN” title_size=”xsmall” title_case=”uppercase”]

Error: Contact form not found.

[/col]

[/row]

1. Contents of an Apartment Rental Contract

A comprehensive apartment rental contract should include the following essential elements: information about both parties to the agreement; details of the rental property; the rights and obligations of each party; payment terms and rental rates; security deposit amount; and dispute resolution procedures. You may reference sample templates and customize the contract to suit your specific circumstances.

If you are unfamiliar with applicable laws and legal documentation, we recommend consulting with a qualified attorney to ensure that all rights and obligations are clearly defined and to help prevent potential disputes.

An apartment rental contract should clearly include the following information:

• Information of both parties, including full name, date of birth, phone number, residential address, and identification card number. For corporate tenants, include the business address, business registration code, and details of the legal representative.
• Details of the rental property, including the apartment unit number, floor, tower or block designation, complete address, area in square meters, included furnishings and equipment, and the current condition of the unit.

In practice, Vietnamese law does not provide specific regulations on residential lease contracts. Each contract is tailored based on negotiations and mutual agreement between the landlord and tenant. To ensure clarity regarding the rights and obligations of both parties, it is advisable to have the contract notarized and authenticated.

2. Key considerations when drafting an apartment or condominium rental contract

2.1 Eligibility requirements of the contracting parties

According to the 2015 Civil Code, the parties to a residential lease contract are the lessee and the lessor.

• For individuals: Must be at least 18 years of age with full legal capacity.

Minors aged 15 to 18 may enter into a residential lease contract with the consent of their legal guardian.

• For households and legal entities: Contracts must be executed by the legal representative of the entity.

2.3 Rights and obligations of the parties to the lease contract

A residential lease contract is a common form of property lease agreement. Both the lessee and lessor must adhere to the rights and obligations prescribed by the 2015 Civil Code as follows:

– The lessee’s rights:

• Request that the lessor repair the rental property if it becomes damaged
• Sublet the rental property with the lessor’s written consent
• Receive the rental property according to the agreed terms
• Continue the lease under the same conditions in case of a change in property ownership

– The lessee’s obligations:

• Pay rent in full and on time
• Use the apartment for its intended purpose, such as residential or office use (for Officetel apartments with office functionality).
• Maintain the property and repair any damage caused by the tenant.
• Terminate the lease contract unilaterally with at least 30 days’ written notice to the lessor. (Note: Early termination may result in forfeiture of the security deposit, depending on the lease agreement.)

– The lessor has the right to:

• Reclaim the property upon expiration of the lease term
• Receive full rent payment on time

– The lessor has the following obligations:

• Ensure the tenant can use the property uninterrupted throughout the lease term
• Deliver the property to the tenant on the agreed date
• Maintain and repair the property regularly or as agreed upon

2.3 Key Terms and Conditions to Include in the Lease Agreement

• Clearly specify the intended use of the property—residential or office (for Officetel apartments).
• The lessor and broker (if applicable) must assist the tenant in completing temporary residence registration procedures.
• The contract must clearly state the number of occupants and include sufficient copies and originals for verification of tenant identification documents prior to signing.
• Clearly establish whether the lessor is permitted to visit the property. If so, the lessor must provide advance notice.
• Specify whether the lessor may show the property to potential buyers during the lease term. (Note: If the lessor intends to sell or transfer the property, existing tenants must be given priority, regardless of whether this is stated in the lease.)
• As the lease expiration approaches (typically one month before the lease ends), the lessor may show the property to prospective tenants if the current lessee does not intend to renew.
• Upon lease expiration, both parties must execute an addendum to extend the contract or formally close it if renewal is not intended.
• The contract must specify the timeframe for deposit return or refund.

2.3 Is Notarization Required for a Lease Agreement?

The 2005 Civil Code previously required house rental contracts to be notarized. However, following the Housing Law 2014 and Civil Code 2015, effective January 1, 2017, house lease contracts no longer require notarization. Documentation and authentication are now based on the parties’ specific needs.

The information above provides comprehensive details on the latest house rental contract templates for 2024. We hope this will help you navigate the rental process smoothly.

BILINGUAL APARTMENT RENTAL CONTRACT SAMPLE (VIETNAMESE-ENGLISH)

Below is a bilingual apartment rental contract template in Vietnamese and English commonly used by Saigon Luxury.

To download the latest 2024 apartment rental contract template, please complete the contact form below, and Saigon Luxury will send you the most current versions.

Error: Contact form not found.