In Argentina, the typical lease term for rental properties is 12 months, although it is possible to negotiate shorter or longer terms depending on the agreement between the landlord and tenant. Usually, the lease term is specified in the contract and is automatically renewed unless either party terminates it.
Furnished and Unfurnished Rental Properties in Argentina
The main difference between furnished and unfurnished rental properties in Argentina is the level of furnishings and equipment that is included in the property. Unfurnished properties typically do not come with any furniture or appliances, while furnished properties are equipped with the necessary items for comfortable living.
Furnished properties in Argentina typically include a bed, sofa, kitchen appliances (such as a refrigerator and stove), and dining table and chairs. In some cases, they may also include additional items like televisions, air conditioning units, and other appliances.
What are the Standard or Typical Clauses in a Lease Agreement in Argentina?
A typical lease agreement in Argentina includes clauses that specify the rental amount, payment due date, security deposit, the term of the lease, and the rights and obligations of both the landlord and tenant. It may also include clauses regarding renewals, subleasing, and termination of the lease agreement.
The lease agreement should also specify who is responsible for paying utilities, property taxes, and maintenance costs, as well as any rules and regulations regarding the use of the property.
Additional Lease Agreement Clauses in Argentina
Additional clauses that may be included in a lease agreement in Argentina but are not mandatory include clauses regarding pets, smoking, and alterations to the property. These clauses should be agreed upon by both the landlord and tenant and included in the lease agreement.
Before Signing a Lease Contract in Argentina?
Expats should be especially aware of the terms of the lease agreement, including the rental amount, payment due date, and any additional fees or charges. They should also be aware of any restrictions on the use of the property, such as restrictions on having pets or making alterations to the property.
It is also important for expats to be aware of their rights as tenants in Argentina and to make sure that the lease agreement includes provisions for these rights. For example, tenants have the right to a safe and habitable living environment, and the lease agreement should reflect this.
Condition Reports in Argentina
Condition reports are not common in Argentina before signing a lease agreement, but it is always a good idea for tenants to conduct a thorough inspection of the property before signing a lease agreement. This will ensure that they are aware of any existing damage or issues with the property and can address them with the landlord before signing the lease agreement.
Letting Agent Qualifications/Licenses in Argentina
Letting agents in Argentina are required to have a real estate license, which is issued by the National Real Estate Board. This license verifies that the agent has received the necessary training and has passed the required exams to practice as a real estate agent.
Letting Agenct Association or Organization in Argentina
Reputable letting agencies in Argentina should be members of the Argentine Chamber of Real Estate Brokers (CUCICBA). The CUCICBA is a professional organization for real estate agents and brokers in Argentina, and it provides training, resources, and qualifications.