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Why Invest?Country ProfileCity List |
Romania » Rental Market The renting of house is based on a written contract between the landlord (public or private) and the tenant, which has to be registered with the local fiscal body. The law prescribes how rent levels are determined; "the rent paid for a dwelling shall cover the expenses relative to management, maintenance and repairs, land and building taxes, the cost of investment according to the period established in compliance with the legal provisions, and the profit, which is negotiated by the parties. The law also stipulates conditions for the contracts cancellation. However, the tenant may be evicted only on the basis of court order. Until an eviction comes into effect, the tenant is required to pay the rent provided for in the contract.
Tenants may sublet dwellings with the approval of the owner. Tenants have the right to form and join tenants associations, which will represent them in their relationships with the landlord and with any other natural or legal person.
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