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Handbook for Investors. Business location in Switzerland.

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Yellow Pages<br />

yellow.local.ch<br />

Languages: German, English, French, Italian<br />

Tenants receive monthly bills from the utility company <strong>for</strong> the<br />

electricity consumed <strong>in</strong> the property itself. S<strong>in</strong>ce there are various<br />

providers of telephone and Internet connections (and often cable<br />

television as well), tenants enter <strong>in</strong>to separate agreements <strong>for</strong><br />

these services and pay providers directly.<br />

Swiss Federation <strong>for</strong> Adult Learn<strong>in</strong>g<br />

www.alice.ch<br />

Languages: German, French, Italian<br />

13.3 Rent<strong>in</strong>g a property.<br />

Anyone <strong>in</strong>terested <strong>in</strong> rent<strong>in</strong>g a property should contact the<br />

advertiser (often a professional property management company)<br />

and set up an appo<strong>in</strong>tment to see the property. If it meets your<br />

expectations, you are generally asked to fill out an application<br />

<strong>for</strong>m. This <strong>for</strong>m <strong>in</strong>cludes <strong>in</strong><strong>for</strong>mation such as age, marital status,<br />

profession or occupation, children, residence status, employer,<br />

salary and pets. Applicants are often required to provide an<br />

excerpt from the debt en<strong>for</strong>cement register as proof that they can<br />

pay the rent. This document can be obta<strong>in</strong>ed from the local debt<br />

en<strong>for</strong>cement office.<br />

13.3.1 Security deposit and lease agreement<br />

Tenants must often pay a certa<strong>in</strong> amount <strong>in</strong> advance as a security<br />

deposit. It may total as much as three months’ rent and is deposited<br />

<strong>in</strong> a special bank account <strong>in</strong> the tenant’s name. The deposit<br />

serves as security <strong>for</strong> the landlord. After mov<strong>in</strong>g out, the tenant<br />

will receive the deposit back, with <strong>in</strong>terest.<br />

The tenant has the right to move <strong>in</strong>to a clean and functional<br />

property. The <strong>for</strong>mal handover takes place be<strong>for</strong>e the new tenant<br />

moves <strong>in</strong>. The tenant and landlord <strong>in</strong>spect the condition of the<br />

property together and record any defects <strong>in</strong> writ<strong>in</strong>g.<br />

If landlords wish to <strong>in</strong>crease the rent (after renovations or a rise<br />

<strong>in</strong> mortgage rates, <strong>for</strong> example), they must do so us<strong>in</strong>g an official<br />

<strong>for</strong>m. Any tenant who considers a rent <strong>in</strong>crease unreasonable<br />

has 30 days <strong>in</strong> which to submit a written appeal to the arbitration<br />

authority.<br />

The lease or rental agreement may be term<strong>in</strong>ated by either the<br />

tenant or the landlord. The required terms of notice are stated <strong>in</strong><br />

the agreement. Any tenant giv<strong>in</strong>g notice of term<strong>in</strong>ation must do<br />

so <strong>in</strong> writ<strong>in</strong>g, preferably by registered letter. Married couples have<br />

equal rights. This means that the notice of term<strong>in</strong>ation is not valid<br />

unless signed by both spouses. When mov<strong>in</strong>g out, tenants are<br />

required to hand over a clean property. The tenant and landlord<br />

<strong>in</strong>spect the condition of the property together and record any<br />

defects <strong>in</strong> writ<strong>in</strong>g. They decide jo<strong>in</strong>tly which party shall pay <strong>for</strong><br />

any repairs that might be necessary.<br />

13.3.2 House rules and ma<strong>in</strong>tenance<br />

In most cases, professional property management companies<br />

are responsible <strong>for</strong> build<strong>in</strong>g management. In large build<strong>in</strong>gs <strong>in</strong><br />

particular, there is also a build<strong>in</strong>g super<strong>in</strong>tendent who can answer<br />

tenants’ questions, make small repairs and oversee security and<br />

ma<strong>in</strong>tenance. Regional tenants’ associations can also assist tenants<br />

with problems.<br />

What tenants need to know<br />

www.bwo.adm<strong>in</strong>.ch<br />

Search: Infoblatt Wohnen<br />

Languages: German, English, French, Italian, Portuguese<br />

In general, tenants pay rent monthly – <strong>in</strong> advance <strong>for</strong> the next<br />

month. Usually tenants also pay additional costs such as heat<strong>in</strong>g,<br />

hot water or cable television costs.<br />

<strong>Handbook</strong> <strong>for</strong> <strong>Investors</strong> 2010<br />

123

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