In Luxembourg, the typical lease term for rental properties is typically between one and five years. The lease period is usually agreed upon by both the landlord and the tenant. The lease agreement will specify the start and end dates of the lease. In most cases, the lease will be automatically renewed for a similar period, unless either the landlord or tenant provides written notice of termination prior to the end of the lease.
Furnished vs. Unfurnished Properties
Furnished and unfurnished rental properties are both available in Luxembourg. Furnished properties come equipped with furniture and household items, while unfurnished properties are generally just the structure of the building.
Furnished properties usually include items such as a bed, couch, chairs, table, refrigerator, stove, and washing machine. Some furnished properties may also include basic household items such as towels, linens, and dishes.
Lease Agreement Clauses
The standard or typical clauses in a lease agreement in Luxembourg include the rent amount, security deposit, payment dates, and the term of the lease. The agreement will also specify the responsibilities of both the landlord and the tenant, such as who is responsible for paying utilities, maintaining the property, and paying any fines or penalties.
Additional clauses that may be included in a lease agreement in Luxembourg, but are not mandatory, include restrictions on subleasing, smoking, and pets. The agreement may also specify any restrictions on making alterations to the property or decorating.
Expats and Lease Contracts
Expats should be especially aware of the language used in the lease agreement when signing a lease contract in Luxembourg. It is important to ensure that you fully understand the terms and conditions of the agreement, as the legal system in Luxembourg is based on civil law and contracts must be upheld.
Additionally, expats should be aware of the local housing market and be familiar with the typical rent prices for similar properties in the area. This will help to ensure that the rent amount agreed upon is fair and reasonable.
Condition Reports
Condition reports are not common in Luxembourg before signing a lease agreement. However, it is recommended for tenants to inspect the property and document any existing damages or issues before moving in. This will protect the tenant in the event of any disputes with the landlord over damages or repairs at the end of the lease.
Letting Agent Qualifications
Letting agents in Luxembourg must have a valid business license to operate. They must also adhere to all relevant laws and regulations regarding rental properties, including fair housing laws and the regulations regarding the protection of tenants’ rights.
Organisations for Reputable Letting Agents
There is no specific association or organisation in Luxembourg that reputable letting agencies must be a member of. However, the Chambre des Locataires (Tenants’ Association) is a non-profit organisation that provides information and support to tenants in Luxembourg. The organisation also operates a mediation service for disputes between landlords and tenants.
The website for the Chambre des Locataires is http://www.chambre-des-locataires.lu/.
