Break lease clause A break lease clause or early termination clause can be included after a set period of time. The term will then be considered as up to the date of break lease. It doesn’t assist in negotiations and most landlords won’t accept it. It is best to negotiate a penalty if early termination occurs and benefits if the tenant finds a new tenant to lease on the same ...
CHECK IN You can check-in to your new home on the date the lease term commences. The agent, landlord/representative or management staff and yourself should have a copy of check in forms which should include a furniture list, utilities meter list, key list and general condition list. All parties should be involved in the check-in process and sign each form. Police registration ...
Management fee Management fee are either paid by the landlord or the tenant. In high end properties they are included in the rent. They cover the management office administration, maintenance, cleaning and repairs of properties, grounds, common areas and facilities. Other inclusions Utilities such as water and electricity with a cap on amount, health club membership, extra ...
Leases Private Landlords should provide a standard “Lease Agreement” in Chinese and English. The Shanghai Government has a standard lease that can be used if preferred. The agreed terms and conditions are included in the "Lease Agreement". To fully secure the property, it is recommended that a deposit be paid so that the property is taken off the market. ...
Whilst there is oversupply of local housing there is and supply of good quality properties and huge reduction from asking prices aren’t possible. Discounts range between 10 to 15% of original asking price but the final rental depends on other factors. Most landlords provide a furnished property for expatriates. A second hand property should be freshly painted and any damages repaired. ...
Where to Pay Utility Bills Management office of medium-high end properties Lawson, All-days conveniences stores, for electricity, telephone, gas and water. Post offices Special ATMs in all-days stores for water and electricity bills as well as IP reduced rate telephone card Banks For those in a lane house you can pay the lane guard Electricity Electricity is more expensive in Shanghai than gas ...
What every foreigner must do within 24 to 48 hrs of arriving in Shanghai and living in a place other than a hotel is register with their local Police station and get form that is needed for renewing your visa, if you need to do so in China. If you don't do this you can occur a fine every day you don't register. Some people can get a week or so's grace but it depends on many factors ...
Most developer compounds employ the services of International Property Management companies and some have their own in-house management. In either case, standards can vary greatly. Some management companies employ young, cheap, inexperienced staff with poor language, communication and service levels. Given the high management fees, some management companies both international and local, are found ...
Even if you have an agent it is still a good idea to be able to negotiate your way through your own lease negotiations. These points below cover the basic items that you will need to cover before signing your lease. Landlord/Developer – Find out if the property is owned by a Developer or Private Landlord. If it is owned by a in individual then get their country of residence so you can allow ...
There are two types of villa compounds in Shanghai. One is a developer built and owned compound with villas that have standardised floor plans, high quality fit outs, decor and furnishings. Generally, these compounds are managed by international property companies. Due to their high quality and level of service. Another kind of compound is built by developers and partly or wholly sold off to ...
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