If there is a verbal tenancy agreement with an uncertain permanent salary, it should not have been more than one year to be valid. An unknown term or more than one year invalidates the lease. What happens next depends on the tenant`s entry into the property, whether it is in possession and how the rent is to be paid. If the rent is payable weekly, monthly or annually, the rental agreement is considered as such and terminated, the landlord must provide a correct notice that expires on the last day of payment of the rent. Before signing a tenancy agreement (or sometimes called a “lease”), it is of considerable importance to carefully verify the terms of the contract, either as a lessor or as a tenant. While this type of arrangement may seem simple and simple, it would be wise to seek the advice of a jurisconsult or a lawyer, because by signing an agreement that you agree on its terms, but also on terms that are not expressly enshrined in the agreement, you are implicit in the law. Before considering real estate in Cyprus, it is good to know the strength of your position as a potential tenant. Think seriously about why you`re moving. Decide what you like – enjoy your current home and what you hope to find in a new home. Note your three most important factors for choosing a Larnaca property, for example: price, location, furniture style, build quality, proximity to noisy bars, etc. Make sure you are able to legally announce your current lease and check the nearest date you can move.
Eviction of tenants is relatively difficult. The Rent Control Act introduced the concept of a “legal tenant.” This is the person who, at the end of the first rent, in the case of a property under the Rent Control Act, remains in possession of the premises. A legal tenant can only be evicted in three cases: many people who have invested in Cyprus by buying a house or apartment appoint agents to find paying tenants. It is above all a question of finding a tenant without worrying about who he is, his place of residence, whether he can pay the rent and without concluding a proper lease. Real estate is leased either by a verbal agreement or by a lease agreement that does not meet the legal requirements. In such cases, too, the Rent Control Court may order the lessor to grant the tenant, instead of damages, the right to a new tenancy agreement after the transformation. Finally, the court may award damages of between 9 and 18 months` rent and/or damages for the loss of a company`s value. At the expiry or end of the first lease, the law provides for an agreed increase in the existing rent of up to 14%, but not before the expiry of a two-year period from the date of the last application or the last voluntary increase.
If the tenant refuses, the rental control courts will set a “reasonable rent” taking into account the opinion of the official assessor and factors such as age, size, location and condition. A rent control court is composed of a president (who is a magistrate) and two lay members representing tenants and landlords. Another point to consider is the opinion; the terms used must be clear and unambiguous and claim to determine the existing lease at a given time.