Frequently Asked Questions
Questions and answers related to renting out real estate
Renting real estate is a process where one person (tenant) rents an apartment or other real estate from another person (landlord) for a certain period of time and a fee is paid in return.
Finding a suitable rental apartment requires extensive research and searching. You can do this by using real estate portals, brokers or recommendations from friends.
When looking for a rental apartment, important criteria are location, size, price, security, transport links and amenities. They help you find an apartment that fits your needs and budget.
When choosing a rental price, you should take into account your budget, as well as the average rental price in the area. It is important that the price-quality ratio of the rental apartment is in place.
Yes, the owner of the rental apartment may have different requirements for the tenant. This may include allowing pets, the size of the deposit or certain conditions for using the apartment. Such special requirements must be clearly stated in the rental agreement.
The lease agreement is generally concluded as follows: The tenant and the landlord agree on the rent, terms and duration of the agreement. A written contract is then drawn up and signed by both parties. The rental agreement is drawn up with the help of a broker.
The way and terms of rent payment depend on the contract, but usually payments are made monthly on a fixed date. In most cases, the rent is paid in cash, by transfer to the landlord’s account or in some other agreed way.
The necessary documents for concluding a rental agreement through a broker are as follows:
- a copy of an identity document (passport or ID card);
- bank statement or other financial information;
- if necessary, employment certificate or salary certificate;
There are several ways to terminate the lease agreement: at the end of the term of the agreement; by agreement of both parties or in case of violation of the terms of the contract by one of the parties. The terms of termination must be clearly defined in the contract. In the case of a fixed-term lease, it is possible to terminate the contract with a 3-month notice. However, the termination of the fixed-term rental agreement takes place with the agreement of both parties.
The tenant’s right to renovate the rental apartment must derive from the contract. Renovations usually require the permission of the landlord, major changes may also require the approval of the relevant authorities. It is important that the terms of the renovation are clearly agreed upon.
Additional insurance comes to you through the Rendin platform. Rendin offers 10 times higher liability insurance instead of a deposit. It also covers rent and utility payments for 3 months if the tenant does not pay them.
Yes, I am available and can offer help and advice for all kinds of questions and concerns. When you work with me, you can count on every time being the right time to call. I am available 16h a day, every day of the week.
The best market price results from a thorough market analysis and evaluations based on the current situation of the real estate market in Tallinn. In addition, I also constantly monitor the development of the market, adjusting the prices accordingly. My aim is to ensure that the value of the property is correctly assessed and understood by both landlord and tenant.
Yes, I can also help with negotiations to ensure the best terms. I’m an experienced negotiator and work together to represent the interests of both parties.
I offer a range of services for both tenants and landlords, including:
- Search and mediation of rental apartments.
- Market analysis and valuation advice to achieve the best possible price.
- Negotiating lease terms and drafting contracts.
- Documentation management and submission of necessary official documents.
- Providing consultation to tenants regarding their rights and obligations.
- Help in finding short-term or furnished apartments.
I can help with the rental process in the following ways:
- I advertise your rental apartment to a wide audience.
- I arrange viewings.
- I negotiate the selection of a tenant and rent prices.
- I draw up the contract and manage the necessary documentation.
Yes, I can help in explaining the rights and obligations of the tenant and the landlord. I am familiar with the regulations and can offer advice. Book a free consultation here.
Book a free consultation here.
Yes, I can also help with renting out larger, short-term or unfurnished apartments. Often tenants are looking for an unfurnished or short-term rental apartment. Don’t be afraid and feel free to get in touch. I will find the right tenant for your apartment.
To get started, contact me by phone or e-mail. We can then arrange a meeting to discuss your specific needs and wishes.
Questions and answers related to selling your property
The sale of real estate is the process by which an owner decides to sell his or her real estate, such as a house, apartment, plot of land or business premises, to another person or company in exchange for money.
Finding the right estate agent for you requires research. Talk to a range of different brokers. Check their background, read their feedback and, if necessary, ask for contact details of previous clients to have a possibility to talk to them as well. Read my article on finding the right broker here.
Read a description of the steps in my typical property sales process here .
Setting the selling price is one of the most important decisions in selling a property, as it can affect how quickly the sale goes through and how successful it is. Some points to look out for: the location, condition and unique features of the property. In addition, you should also keep an eye on what is happening in the market in general at the time of the sale. Read the full article on how to determine the sales price here.
The decision on whether or not to renovate when selling a property depends on a number of factors. This includes the condition of your property, your budget and its location. Read my full article on the same topic here.
The conclusion of a contract for the sale of real estate is an important stage in the process of selling real estate. This contract defines all the terms and obligations of the transaction for both the seller and the buyer. It is important to draw up a clear, precise and legally valid sales contract that protects both the seller and the buyer. It is certainly worth consulting professional advisers before signing a contract to ensure that all aspects of the transaction are properly regulated. Here’s an overview of how to conclude a contract for the sale of real estate.
The seller’s liability for latent defects is a legal obligation that can apply when a property is sold and it turns out that the property has defects that the buyer did not know about and should not have known about, but of which the seller was aware or should have been aware. Consequently, the buyer may be entitled to claim compensation or indemnity from the seller. Read here about the circumstances in which hidden defects are compensated.
Insuring your property before selling is not compulsory by law, but it can be a sensible precaution for both seller and buyer. An insurance policy can provide protection against unexpected disasters and help to ensure that the value of the property does not fall before the sale is completed. Before buying or changing your insurance, it is advisable to consult an insurance broker or adviser for information and recommendations that are suitable for your particular situation. Read the article here.
Yes, I’m available for emergencies and can offer help and advice for all kinds of questions and concerns. When you work with me, you can count on every time being the right time to call. I am available 16h a day, every day of the week.
In order to achieve the best market price, I carry out in-depth market analyses and valuations based on the current real estate market situation in Tallinn. I also constantly monitor market developments and adjust prices accordingly.
Yes, I can help you negotiate the terms of the sale to ensure the best deal for you. I’m an experienced negotiator and work together to represent the interests of both parties.
To get started, contact me by phone or e-mail. We can then arrange a meeting to discuss your specific wants and needs.
Questions and answers related to the purchase of real estate
Buying real estate allows you to acquire real property that has real value. Real estate is often a long-term investment that can grow in value over time.
Owning a home– When you buy a home, you can create a stable living environment and home for yourself. This gives you confidence and allows you to customize the home according to your needs and desires.
Investment growth potential– Property value can increase over time. Good location, development potential, area growth and improvements can increase property value.
Rental income – When you buy an investment property, you can earn rental income when tenants use the property. It can provide a stable income and help pay the costs of owning and maintaining the property.
Although buying real estate can offer many advantages, you should carefully consider your financial situation, goals and needs before making a decision. It is also important to do thorough research and engage with professional advisors to ensure that the transaction meets your expectations and goals.
Finding the right property can be a challenge, but by following some important steps and considerations, you can increase your chances of finding just the right property for you. Here are some steps you can follow to find the right property: determine your needs and goals, set a budget, choose an area, do thorough research, communicate with brokers and apartment owners. You should be patient when looking for a real estate object. It is important to remember that every property search is unique and your individual needs and goals will determine which property is best for you. Be prepared to invest time and effort in finding a property that meets your requirements and budget.
If the seller breaches the contract for the sale of real estate, the buyer has a number of rights depending on the specific breach and local legislation. The buyer can claim legal protection and possible compensation. Here are some possible steps a buyer can take if the seller is in breach of contract: demand compliance with the terms of the contract, demand compensation, cancel the contract, claim damages, legal action, clarify the terms of the contract.
Banks’ requirements for the borrower may vary depending on the type of loan, the size of the loan amount, the loan period and other factors. However, there are some general requirements that banks usually expect from loan applicants. These requirements may include: income, work and employment history, other debt, collateral, savings, other documentation, age of the loan applicant.
These are some of the main requirements that banks usually expect from loan applicants.
Before applying for a loan, it is recommended to contact the bank or lender to get accurate information about the requirements and conditions and to make an informed decision according to your financial situation and needs.
The valuation of furniture and accessories in the purchase price depends on many factors, including the condition, age, brand, rarity and market price of the furniture. Sometimes it may be necessary to consult with a furniture appraisal specialist, especially when dealing with rare or expensive furniture and accessories. The appraiser can use his knowledge and experience in assessing the value of furniture. Buyers and sellers are advised to research similar products and evaluate their condition, brand, age and market price to get a better idea of the value of furniture and accessories. It is also important to remember that the value of furniture and accessories can change over time, so it is important to consider market conditions and demand.
Using a real estate agent when buying real estate can be beneficial for several reasons:
Professional advice: Estate agents are experienced professionals who know the real estate market and local areas. They have knowledge of various real estate transactions and can advise you and help you make informed decisions. Better access to the market: Brokers often have access to multiple real estate listings, including those that may not be available to the public. This means they can guide you through a wider range of properties.
Time savings: Searching for real estate can be a time-consuming process. Brokers can save you time by selecting offers that suit your needs and arranging viewings.
Negotiation skills: Real estate agents have negotiation skills and experience in negotiating prices and terms of the transaction, which can save you money and ensure that your interests are protected.
Sources of Information: Realtors can provide you with important information about local market conditions, pricing and neighborhood properties that may influence your decision.
Legal Advice: Brokers can guide you through the legal aspects of a real estate transaction and connect you with legal counsel if needed.
Security: Real estate agents help ensure that the transaction goes smoothly and according to the law, and that your interests are protected.
Availability of local information: Brokers often have access to local data and information that may be valuable to you, such as schools, transportation, security, and other local services.
Better chance of finding the right property: Real estate agents can help you find a property that meets your specific needs and preferences.
All in all, using a real estate agent can save you time and effort by helping you find the right property, negotiating, and making sure the transaction goes smoothly and legally. If you are considering buying a property, it may be wise to consider using the services of a real estate agent, especially if you are not well versed in the real estate market or if you want to simplify the property search process.
