Would you like to rent out your property? This is how you can avoid years of litigation with your subtenant

With the announcement of the admission results, the rush to find apartments in the university towns begins again. Landlords typically insure themselves with a two- or three-month deposit in case the tenant incurs debt or damages the property. However, in the event of a problem, this is not the most important thing...

But what matters most is whether a notarial document has been drawn up, without which the landlords can only assert our claim through long and costly litigation - pointed out the Hungarian Chamber of Notaries (MOKK) in its informative article.

Compared to the first half of last year, by the end of June this year, 15 percent more people requested a unilateral declaration of commitment from tenants. In colloquial terms, the unilateral declaration of commitment is often referred to as a "declaration of moving out", however, in such a public document, a declaration of moving out can not only be requested from the tenant in the event of termination of the tenancy.

It is also possible to include the payment of the rent, the common costs of the condominium, the utility costs, and the apartment usage fee, which can thus be directly implemented without litigation.

If the tenant does not fulfill his obligations in the declaration, enforcement can be initiated against him without litigation.

Ádám Tóth, the president of the MOKK, explained in the announcement: "The claims arising from contracts that are not drawn up by a notary public can only be enforced by a legally binding court decision in the event of a breach of contract. If the tenant does not comply with the provisions of the agreement, the landlord can directly initiate execution at the notary who edited the document to vacate the property and for the arrears of rent. If there is a problem with the notary document, years of litigation and significant legal costs can be avoided."

MTI

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