Sample bilingual apartment rental contract according to the latest regulations 2024

You are in need of renting an apartment. You have not yet mastered the necessary information in the contract. Please refer to the information below to be able to build your own apartment rental contract according to the latest 2024 regulations.

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1. Contents of apartment/condominium rental contract

The basic contents required in an apartment rental contract include: information of the parties involved in the contract; the lessee in the contract, the rights and obligations of the parties involved in the contract, payment methods, rental costs, contract deposits, dispute resolution, etc. You can refer to the suggested templates and build your own apartment rental contract based on the actual situation.

If you are not familiar with the law and legal documents, seek help from law firms to ensure maximum rights and obligations of the parties to the contract and avoid unfortunate disputes later.

In the version apartment rental contract need to display full content such as:

• Information of the two parties signing the contract includes: full name, date of birth, phone number, address, ID card number/citizen identification card. In particular, for the tenant who is a company, it is necessary to display information such as business address, business registration number, information about the legal representative, etc.
• Subject of lease in the contract: need to state specific information about the specific apartment to be leased including apartment code, floor number, project tower (block), apartment address, area, equipment attached to the house, current status…
• Rental price and payment method: In the contract Rental apartment The rental price must be fully displayed according to the agreement. Payment time, payment method…
• Lease term and housing delivery time
• Rights and obligations of the parties to the contract: terms that show the rights and obligations of the parties to the contract. To serve as a legal basis when a dispute arises.
• Breach of contract terms.
• Commitment of the parties to the contract.

In fact, the law does not have specific regulations on the establishment of housing rental contracts. In each specific case, depending on the negotiation process and agreement between the seller and the buyer, specific contracts are established. To ensure the rights and obligations of the parties to the contract, you should notarize and authenticate that contract.

2. Some notes when making a rental contract for an apartment or condominium

2.1 Conditions of the parties to the contract

According to the 2015 Civil Code, the subject of house rental contract including lessee and lessor.

• For individuals: 18 years of age or older, not losing or having limited civil capacity.

People under 18 years old and 15 years old can still execute a business rental contract if they have the consent of their legal representative.

• For households and legal entities: contracts must be executed through the legal representative of the legal entity.

2.3 Rights and obligations of the parties to the lease contract

Residential Lease Agreement is considered a normal form of property lease contract. Therefore, the lessee and the lessor need to ensure the rights and obligations according to the provisions of the law under the 2015 Civil Code as follows:

– The lessee has the rights:

• To request the lessor to repair the rented house in case of damage.
• Subletting the rented house is allowed, but must be agreed by the lessor.
• Receive rental house as agreed
• Continued lease under the terms agreed with the lessor, in case of change of ownership of the house

– The lessee has the following obligations:

• Pay rent on time
• Use the apartment for the agreed purpose such as for living/office use if it is an Officetel apartment with office function.
• Maintain the house and repair any damage you cause.
• Unilateral termination of performance lease agreement  but must notify the landlord at least 30 days in advance (usually early termination of the contract will result in the loss of the deposit depending on the agreement with the landlord)

– The lessor has the right to:

• Get the rental house back when the lease term has expired
• Receive full rent on time

– The lessor has the obligation to:

• Ensure the tenant has stable use of the house during the lease term.
• Deliver the house to the tenant on time
• Regular or agreed home maintenance and repair

2.3 Some notes/contents that need to be specified in the rental contract

• It is necessary to clearly state the rental purpose as for living/office use if it is an Officetel apartment.
• The lessor and broker (if any) must assist the lessee in completing temporary residence declaration procedures, etc.
• The contract must clearly state the number of occupants, and there must be a photocopy and original of the tenant’s identification documents for comparison before signing the rental contract.
• It is necessary to clearly agree whether the lessor can visit or not. If a visit is allowed, the lessor must make an appointment in advance.
• If during the lease term, the lessor wants to sell, can he bring the buyer to see the property? (Note: when renting, if the landlord intends to sell/transfer, priority must be given to the existing tenant even if it is not stated in the lease contract)
• When the lease is nearing its expiry date (usually 1 month before the lease expires), the lessor must be allowed to bring in a new tenant if the current tenant does not renew the lease.
• When the lease expires, both parties must sign an addendum to extend the contract or terminate the contract if it is not renewed.
• The regulations on deposit payment/refund within how many days must also be stated in the contract.

2.3 Does the rental contract need to be notarized?

The 2005 Civil Code previously required that rental contracts be notarized. However, since Housing Law 2014, According to the 2015 Civil Code, from January 1, 1, house rental contracts do not need to be notarized or certified, depending on the needs of the parties.

Here are the details about sample tenancy Latest 2024. Hope it will help you not have difficulty in renting or leasing a house.

BILINGUAL VIETNAMESE – ENGLISH APARTMENT RENTAL CONTRACT SAMPLE

Below is a sample bilingual apartment rental contract in Vietnamese – English that Saigon Luxury company often uses.

To download the latest 2024 apartment rental contract template, please fill out the following contact form; Saigon will send you the latest templates.