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