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Steps from signing a rental apartment contract to moving in in Da Nang

Update: 2/23/2024

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We will introduce the general process from signing a rental apartment contract to moving in in Da Nang.

1. Exploring properties
Search for properties that meet your desired conditions on the internet or through real estate agents.

2. Property selection
We select potential properties through tours and photos.

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3. Negotiating contract terms
We will negotiate terms such as rent, security deposit, availability of furniture, etc. with the owner.

In some cases, we may be able to negotiate discounts for long-term contracts or lump sum payments.

・Note: If you keep a pet, you will need to check whether the property allows pets and may need to negotiate additional conditions and fees.

4. Creating a contract
*Check what is required for the contract and the contents of the contract

- At the time of signing the contract, you will be asked to present your passport, a visa that allows you to live in Vietnam, and whether you have a bank account.

- ``It is necessary to confirm the details of the contract in a foreign language'' may be a major hurdle. Contracts in Vietnam are generally written in "Vietnamese + English (or Japanese)". In most cases, the Vietnamese version is superior, and there may be cases where it is stated that the foreign language version is for reference only.

mau-hop-dong-cho-thue-nha-song-ngu-anh-viet.jpgJapanese real estate in Da Nang, there is Da Nang Villa Realty. If you have any questions, please feel free to contact us!

Web: https://www.danangvillarealty.com/property/rent/

*Payment details at the time of contract:

<Deposit>

A deposit is required when renting a property. Usually, one to two months' worth is left with the owner at the time of signing the contract. This deposit will be fully refunded at the end of the contract, provided there are no repairs required (in some cases, it may be offset against the final rent before you move out). However, it seems that many apartment owners tend to try to reduce the return amount for various reasons. Your deposit will be forfeited if you attempt to move out before the end of the contract period.

<First month's rent>

At the time of signing the contract, you will pay the first month's rent to the owner. You may also be charged a "management fee," but be sure to double-check the purpose and use of that fee.

*Things to be decided at the time of contract

<How to pay rent>

Arrange the bank transfer destination, payment currency (usually Vietnamese Dong), and monthly transfer date.

<Payment of utility costs>

In the case of serviced apartments, utility costs are often included in the rent, but in the case of condominiums and apartments, the tenant often pays the actual costs.

You will also need to confirm your contracts and payment methods for electricity, water, gas, internet, etc.

<Responsibility in the event of equipment damage or malfunction>

You should decide who will be responsible for not only the cost of repairing the house, but also the cost in the event that an electrical appliance malfunctions. You will also need to know how to perform minor repairs such as replacing light bulbs.

<Are there any other expenses other than rent?>

Some properties may require additional fees for additional facilities such as gyms and pools. Details must be confirmed at the time of individual contract.

<About termination of lease contract>

In many cases, the contract is renewed every year, and the rent is reviewed at that time. For example, if you anticipate that you will be suddenly required to transfer or return to your home country after one year of your original contract, it would be a good idea to discuss ways to avoid paying penalties (forfeiture of deposits, etc.) .

<Compensation for moving out due to owner's circumstances>

It is not uncommon for the owner to suddenly be asked to leave the property midway through the contract for reasons such as ``I want to sell the property I own because I want to buy another property.'' In such cases, it is also necessary to include issues such as whether deposits and paid rent will be refunded in the contract.

5. Conclusion of the contract


Based on the agreed conditions, sign the rental agreement and conclude the contract.

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6. Preparation for moving in
We will pay the security deposit and key money, arrange moving, and purchase necessary furniture and home appliances.

7. Move in
You may move in based on the contract and an initial inspection may be performed.

8. residence
Pay the rent and utilities according to the contract and use the apartment. Smooth communication with the management company and owner is also important.

Follow these steps and start living a comfortable life in Da Nang!

If you have any questions, please feel free to contact Da Nang Villa Realty!

Web: https://www.danangvillarealty.com/

Zalo, Whatapp: (+84)79.509.3575

Email: infodvr@danangvillarealty.com


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