Discovering Brazil
Fees Rental payment, usually made at the end of each month (Some landlords accept the rent to be paid on the fifth day of the subsequent month) Rental commission, equivalent to one month’s rent Paid by the landlord to the real estate agent and often includes a clause authorizing the first month’s rent to be paid in advance and directly to the real estate agency Applicable payments related to the property Condominium fees (maintenance) IPTU – Property taxes, the number of months to be paid will mainly depend on location and size Utilities Telephone Cable and Internet Fire insurance Public notary charges for notarizing all parts of signature There is a difference between exchange rates when buying or selling currency The landlord does not have the right to take back the property during the course of the lease if all of the contractual duties are being met by the tenant Insurance - Fire insurance is normally a renter’s obligation. The landlord is obliged by law to pay fire insurance for any property; but normally this is passed on to the tenant through the rental contract. This insurance doesn’t cover robbery or any damage caused by an event other than fire Other Bank taxes will apply if the rental payment is sent from abroad
Helpful Hint: Because it can cause legal issues for your host-country employer, it is advisable that home finding is done only after arriving in Brazil, and securing a work visa.
Long Term Rental Properties The lease contract is normally issued under your name having your host-country employer signing as a guarantor. There are other guarantee options but those should be analyzed on a case by case basis. Keep in mind that unfurnished properties available for rent often do not include one or all of the following items: Certain bathroom fixtures and toilet seats (occasionally) Major appliances
Light fixtures Phone lines Internet/Cable TV
© 2016 Dwellworks
Page 32
Discovering Brazil
Made with FlippingBook