Handbook for Investors. Business location in Switzerland.
Handbook for Investors. Business location in Switzerland.
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 />
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