theme expenses arising rent a house Since its publication, it has aroused many doubts. Housing Law At the BOE on May 24. Tenants and landlords alike are wondering how this new arrangement will affect them, and above all, Who is responsible for paying the Property Tax (IBI) in the case of a rental home.
First of all, it’s important to make this clear. IBI a annual and mandatory tax payable at the town hall corresponding to the municipality where the residence is located. This tax is levied on any rightful ownership of urban, rustic or specialty properties. In calculating the amount to be paid, the cadastral value of the immovable is taken into account and the rate determined by the central administration is applied within the limits determined by each council for each immovable type.
If the IBI is paid in some way House for rentboth landlord and tenant can agree on the lease. Both parties can agree on who will take care of this tax and even split the payment between both parties. But, It is essential that this clause is clearly stated and detailed in the lease agreement, including the full amount of the IBI.. If this payment responsibility is not accepted by the tenant in the contract, it will be the landlord who has to undertake the IBI.
Distribution of other expenses in a lease
In addition to IBI, Other expenses to be considered in a contract rent. Although there is no single formula, the Consumers and Users Organization (OCU) generally recommends a cost-sharing scheme that is most common in rental contracts.
This owners Responsible for the payment of IBI related costs, community of neighbors, insurance and garbage collection rate.
On the other hand, tenants will undertake Payment of individually measured charges such as electricity, water, gas, internet.
it’s important to pay attention these distributions may vary depending on what is agreed between the parties in the lease.. It is therefore recommended that both parties carefully review the contract and come to a clear and written agreement on the allocation of expenses.
In conclusion, Payment of IBI in a rented home can be agreed between the landlord and the tenant in the rental agreement.. However, if not expressly agreed, this responsibility will be assumed by the owner. It is also essential to consider the distribution of other expenses in the contract to avoid misunderstandings and to guarantee a fair and equitable relationship between both parties.
Source: Informacion
James Sean is a writer for “Social Bites”. He covers a wide range of topics, bringing the latest news and developments to his readers. With a keen sense of what’s important and a passion for writing, James delivers unique and insightful articles that keep his readers informed and engaged.