Hello again
I am in process of renting an apartment in Mellieha and my possible landlord to be, sent me a copy of his letting agreement so I could have a look before going any further. Now, there 2 points on the contract that made me a little unsure if I should sign it, or not. These are the 2 points:
1) Should the lessee fail to renew the contract/vacate the property at the termination of this agreement he/she will pay a monthly fee of Euros 3000 until they renew/vacate the said property.
2) If the Lessee vacates the flat before the termination of the contract, the Lessee has to pay Euro1000 to Lessor for not completing the duration of the contract apart from loosing the deposit and pay all the outstanding bills and damages if any.
What the landlord told me was that point 1 is to safeguard himself in case someone rents the flat and he is trouble maker, etc and in case that the person does not want to leave the apartment if the landlord does not wish to proceed with the let.
The point 2 as he explained, it's in case one decide to leave the apartment prior to the end of the contract without a valid reason, and this way, he has something in write to safeguard himself.
I would like to ask you if this kind of conditions are normal and common on any letting agreements or they vary from landlord to landlord? In your opinion, should I be concerned about signing this letting agreement or it's a standard procedure with the letting agreements in Malta?
I really appreciate if you could give your opinion as I intend to send the money for the rent's deposit to secure the apartment within the next few days and then pay the outstanding amount when I arrive in Malta in the beginning of April, when I will then sign the tenancy agreement.
Please let me know what you guys think about it asap.
Cheerio,
Antonio