The dry coupon rental contract is one of the most convenient options for those who want to rent a property. However, many landlords and tenants are unaware of the duration of this type of contract. In this article, we will explore together the details of the dry coupon rental contract, its duration and how to renew or terminate it. In addition, we will see what happens when the contract expires and what options are available to both parties
.
Table of Contents:
What is a dry coupon rental agreement
The dry coupon rental contract is a type of contract that involves the payment of a fixed and unchanged rent for the entire duration of the contract. This type of contract applies only to residential properties and makes it possible to avoid the taxation of rent through the dry coupon, that is, a tax in lieu of income tax that is applied directly to the rent. In order to sign a rental contract with a dry coupon, the property must be located in an area with high population density and the rent must not exceed the maximum threshold established
by law.
The duration of the rental contract with dry coupon
The duration of the rental contract with a dry coupon is set by the parties and must not be less than four years. However, it is possible to sign a contract with a shorter duration, as long as it is not less than three years. In addition, once the term of the contract has elapsed, it is possible to renew it for a further period. In the event that the owner of the property wants to end the rental contract with a dry coupon before the deadline, it is necessary to respect the notice period established by the contract itself. Otherwise, the owner must compensate the tenant for the
damage suffered.
How to renew your rental contract with a dry coupon
To renew the rental contract with a dry coupon, the parties must agree on the new term of the contract and on the new rent, which can be increased only based on the ISTAT index. The renewal of the contract must be formalized in writing, in the same manner as the previous contract, and must be transmitted to the Revenue Agency within 30 days of its conclusion. Otherwise, the owner risks losing the tax benefits of the dry coupon. It is important to know that the renewal of the rental contract with a dry coupon is not automatic, but must be requested by the
interested parties.
How to terminate the rental contract with a dry coupon
The rental contract with a dry coupon can be terminated in various ways, for example by the expiry of the expected deadline or due to the default of one of the parties. In the event that the owner wants to end the contract before the deadline, he must notify the tenant of the decision at least six months in advance, except in cases of serious default on the part of the tenant. If the tenant wants to end the contract, he must comply with the notice provided by the contract itself. It is important to know that, if the contract is terminated early, the owner must return the security provided at the beginning of the contract to the tenant.
What happens when the dry coupon rental contract expires
When the dry coupon rental contract expires, the parties may decide to renew it for a further period or to end the contract. In the first case, the renewal procedures are the same as those provided for the conclusion of the original contract. In the second case, the owner must return the security provided at the beginning of the contract to the tenant and the tenant must return the keys to the property. It is important to underline that, in the event of a lack of agreement between the parties, the rental contract with a dry coupon is considered extended by one year under the same conditions. In any case, at the end of the contract, the owner can reevaluate the rent only on the basis of the
ISTAT index.
In conclusion, the rental contract with a dry coupon is a convenient solution for those who want to rent a property. The duration of the contract, the methods of renewal and termination are governed by law. It is important to know the details of this type of contract to avoid unpleasant surprises and protect your interests
.
