If you are a landlord renting property in Malta, you will already know 2020 saw the introduction of new laws to regulate the rental sector. If you are not familiar with these, you can find a comprehensive summary written by a firm of lawyers: A landlord and tenant’s guide to Maltese rules on residential leases.
This is an extensive document and there are some areas of the law which are open to interpretation, as stated in the guide, and I quote:
"There are several areas still unclear or left subject to one’s interpretation, which is why it is advisable both for landlords and tenants to seek advice prior to entering into rental agreements, particularly for long term leases, or when leasing to sub-lease..."
It is advisable to seek professional advice should you be uncertain about anything.
When meeting a prospective tenant, there is certain information you will need to have decided beforehand, such as:
- is the rent negotiable?
- what is the amount of deposit you require from the tenant?
- the date each month when the rent is to be paid
- how the payment is be made - cash, bank transfer?
- will you allow pets?
- will you allow sharers?
Also you should discuss any important facts regarding the tenancy such as parking, keys and codes, and utility information.