Documenting the rental relationship between the landlord and the lessee so that the lessee can benefit from the leased property during the contract period in return for an agreed-upon rent.
Conditions and regulations:
The parties to the contract must register the contract within a month from the date of its inception, and in the case of delay, it will result in a delay fine equivalent to 3 times the prescribed fee, and this is the obligation of the Royal Decree (6/89).
Sectors
Local & Municipality
Fees
3% contract registration fees from the monthly rental value.
9 %of a delay fine is calculated from the delay after the lapse of the month.