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Do I need to do anything else to let the property that I have purchased? |
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Once the change of ownership of the property has been registered with the fiscal authorities, you simply need to enter into a rental agreement with the tenant and register this also with the fiscal authorities. If the properties held in a Romanian company, it should be checked that leasing property is within the company’s objects of activity. There is no compulsory form of letting agreement, but we would suggest that appropriate professional advice be taken on this, not only to protect against problems with tenants but also to ensure that problems do not arise with the fiscal authorities.
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