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What are the possible rental contracts? Your Lorient concierge will list them for you. 

Once your rental purchase project has been launched, you are faced with a fateful question: which rental contract to choose? Indeed, there are many variants and possibilities to rent your property. Each has advantages and disadvantages that may not be suitable for all situations. Your Lorient concierge has listed for you the various existing rental leases to allow you to choose the one that will best suit your situation and your objectives. 

What are the different types of rental agreement

Whether you choose furnished rental or opt for empty rental, here are the various existing rental leases grouped together by your Lorient concierge. 

classic unfurnished residential lease

The classic unfurnished residential lease is generally concluded for a minimum period of 3 years in France, with the possibility of early termination under certain conditions.

Benefits :

  • Longer rental period, providing some stability and security.
  • Possibility of setting a higher rent compared to short-term leases.
  • Risks of less frequent rental vacancies.

Disadvantages:

  • Less flexibility to recover the accommodation in case of personal need or resale.
  • Specific legal constraints to be observed, in particular when terminating the lease.

The mixed lease

The maximum duration of a mixed lease may vary according to local legislation. It can be concluded for a fixed or indefinite period, depending on the agreements between the parties.

Benefits :

  • Possibility of generating additional income by renting part of the accommodation for commercial or professional purposes.
  • Flexibility to adjust the terms of the lease according to the changing needs of the tenant.

Disadvantages:

  • Need to ensure that tenant's business or professional activities comply with local regulations.
  • Additional risks related to the coexistence of a residential use and a commercial or professional use.

The real solidarity lease

The maximum duration of a joint real lease may vary, but it is often concluded for a long period, between 18 and 99 years.

Benefits :

  • Contribution to home ownership for low-income households.
  • Encouragement of investment in responsible social projects.
  • Guarantee of rental stability and regular income over the very long term.

Disadvantages:

  • Restrictions on the amount of rent.
  • Compulsory selection of tenants likely to meet the criteria of the real solidarity lease.

The classic furnished residential lease

The classic furnished residential lease can be concluded for a minimum period of 1 year in France, with the possibility of early termination under certain conditions.

Benefits :

  • Possibility of asking for a higher rent compared to unfurnished rentals.
  • Fewer legal constraints for early termination of the lease.
  • Flexibility to adjust the terms of the lease according to the needs of the tenants.

Disadvantages:

  • Risk of wear or theft of furniture and equipment provided.
  • Need to regularly renew the fittings to keep the accommodation in good condition.

Student furnished lease

The furnished student lease is often concluded for a period of one year, aligned with the academic year.

Benefits :

  • High rental demand, given the specific student market.
  • Frequent turnover of tenants, making it easier to adjust the rent.
  • Possibility of renting at a higher price thanks to the inclusion of services and equipment adapted to the needs of students.

Disadvantages:

  • More intensive management due to the rotation of tenants each year.
  • Risk of accumulation of damage or premature wear of furniture due to use by students.

 

The mobility lease

The mobility lease is concluded for a minimum period of 1 month and a maximum of 10 months in France, without the possibility of renewal.

Benefits :

  • Flexibility to rent furnished accommodation for a short period.
  • Possibility of renting to seasonal workers, people in training or professionals on temporary trips.
  • Increased profitability for accommodations dedicated to Airbnb rentals.

Disadvantages:

  • Risk of more frequent rental vacancy due to the limited duration of the lease.
  • Need to find new tenants regularly to maintain occupancy.

The seasonal rental contract

The duration of a seasonal rental contract varies according to needs and local legislation, but it is generally concluded for a short period and cannot exceed 90 consecutive days.

Benefits :

  • Possibility of setting higher tourist rental prices during periods of high demand.
  • Flexibility to use the accommodation for personal purposes outside of seasonal rental periods.

Disadvantages:

  • More intensive management due to frequent arrivals and departures of tenants.
  • Need to comply with specific seasonal rental regulations in certain regions.

The “Civil Code” lease or common law lease  

The maximum duration of a "Civil Code" lease varies according to the legislation in force and the agreements between the parties. The common law lease enjoys freedom at all levels and allows both parties to draft a contract according to their own criteria.

Benefits :

  • Greater flexibility to adapt the terms of the lease to specific needs.
  • Wider contractual freedom to negotiate the conditions with the tenant.

Disadvantages:

  • Less specific legal framework, which can make certain situations more complex or ambiguous.
  • Higher risk of disputes or disagreements in the absence of specific legal provisions.

Access a simplified seasonal rental with your Lorient concierge

By calling on your Lorient concierge for your rental management, you will no longer have to worry about the type of lease you need to draw up for the rental of your apartment. Airbnb rental facilitates your administrative procedures by contracting for you a specific seasonal rental contract for each reservation made by travellers. 

Owners using Airbnb booking platforms benefit from professional support to edit their contract and manage their short-term rental. Coupled with the administration of your Lorient concierge, you will only have to collect your rental income in peace, without having to take care of anything.  

If you are looking to invest in rental property, the choice of rental contract is not to be taken lightly. Indeed, it defines your rental management by framing your rights and duties in relation to your tenants. Your Lorient Concierge accompanies you in your rental project and takes charge of the management of the lease of your accommodation if you opt for seasonal rental. Specialized in Airbnb reservations, we work to make your investment profitable and to allow you to obtain better rental yield while maintaining incomparable peace of mind.