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Showing posts from September, 2021

China Houses Apartments and the laws

The rental housing sector is strongly regulated, but the system favors property owners. The landlord is covered by the guarantee money and the discrimination of tenants is not restricted.  real estate Rents: Can tenants and landlords freely agree to rents in China? China has ancient rent control law, the Cultural Revolution remains (1966-1976). These controls are not strictly enforced and legislation and regulations are passed at local level to remove them. In major centers such as Beijing, Shanghai, Guangzhou and Shenzhen, there is no rental control. Rent adjustments shall be subject to the contract provisions. Most rents are quoted in USD monthly. Due to the switch to a floating currency system, however, the quoted rents in RMB are increasing. Deposits Guaranty money is usually about two to three months' rent. Securities deposit. A down payment or advance payment is generally required for a rental of one month. In some cases, the deposit is only one month's rental...

Proprietor's and tenant's law in Brazil

Rent: Can rentals be freely agreed between landlord and tenant in Brazil? The initial rent value can be freely agreed between the landlord and the landlord. In Brazilian Real, the currency value of the lease shall not be associated with the variation of the foreign currency exchange, nor with the minimum wage rate.  properties for sale Brazil apartments and condominiums on the beach Any reorganization of the rent by contract must be performed annually, based on the index provided for in the contract. The index provided for in the rent adjustment contract cannot exceed the official rates. If the contract silences the rate or disagrees with the value achieved, both the owner and the renter may judicially request its revision, on the basis of the fair market price, provided that this has been three years after the date on which the contract was signed. Note that either the revision can increase or decrease rent. The landlord cannot demand that the rent be paid in advance excep...

Belize

Belize Beachfront Immobilien The ability to enter the premises forcibly to confiscate properties to compensate for unpaid rent and damage is evidence of that.  promotions Rents: Can tenants and landlords freely agree to Belize rents? Initial rents in Belize can be freely traded. The Rent Restriction Act however limits the rent increase to 10 percent annually, or to the prescribed range required by every judicial district's Rent Assessment Board. Deposits The tenant is required to pay the first and last months' rent prior to occupation. What rights have landlords and tenants in Belize, particularly regarding contract duration and expulsion? The tenancy duration must be set out in the rental agreement. Long-term lease agreements last at least six months. The agreement is usually written but should be written by deed if it exceeds three years. In the case of disputes, a tenant has seven days to pay the rent due. If he cannot do that, the landlord can file charges against him and n...

Guesty, a property management platform, has raised $50 million in Series D funding, indicating that the short-term rental industry is on the mend!

Guesty, the leading property management platform that automates and streamlines all complex operational needs associated with short-term rental management, announced today that it has raised $50 million (£36 million) in Series D funding led by the Apax Digital Fund with participation from the AMI Opportunities Fund, both advised by Apax Partners ("Apax"), as well as existing investors Viola Growth, Flashpoint, and Vertex Ventures.  for rent The round brings the company's total funding to $110 million (£79 million), solidifying its position as the most well-funded property management software in the alternative accommodation ecosystem, a competitive market where small and large hospitality brands are increasingly relying on robust tech solutions to professionalize their operations in order to scale and grow. "We are entering an exciting chapter in our company's life cycle," said Amiad Soto, Co-Founder & CEO of Guesty, "with short-term rentals hav...

Real Estate Africa Gateway to build Appolonia City office in Ghana!

Gateway Real Estate Africa (GREA) has announced that it is building its first commercial office building in Ghana, in Appolonia City, Greater Accra's inclusive mixed-use, new city, 20 km from the center of Apollonia City.  estate agents The Complex Grade A will have both corporate and retail spaces at its headquarters and sales office, and will be anchored by Appolonia City. To complete the first phase of this project, USD 4 million will be invested. With the planned completion in 2022, the four-story building will benefit from the existing world-class infrastructure of Appolonia City, including roads, power, water, waste management and ICT. "As with all our real estate solutions across Africa, the office building of Appolonia City will be equipped with high quality borrowings and strong partners, starting with Appolonia City itself," said GREA Chief Investment Officer Andre Janari. "We have high demand for office and retail space for companies and people who...

Cavendish Advocacy: A Third Of The Public Believes That Efforts To Reduce Carbon Emissions Will Harm Their Personal Finances!

Public and MP polling on the green economy reveals:  discount Climate change should be at the top of the government's agenda, according to the majority of MPs and the general population. The COP26 climate meeting is unknown to 60% of the public, and MPs believe the public is unaware of the government's centerpiece 'Ten Point Plan.' The public is divided on whether climate change mitigation measures will have a favorable or negative impact on their household finances. /PRNewswire/ — LONDON, April 29, 2021 — According to new research conducted by Yonder on behalf of communications consultants Cavendish Advocacy, the majority of the public (58%) and MPs (51%) feel that addressing the climate problem should be at the top of the government's agenda (irrespective of the Covid-19 pandemic). However, a third of the people (33%) believes it will harm their household budget. There is also a considerable lack of understanding of important aspects of the government'...