Which bills is the landlord expected to pay as a part of a letting agreement in Cyprus
Written by Trifonas MamasUpdated 17 March 2023
In Cyprus, the exact bills that the landlord is expected to pay as part of a letting agreement can vary depending on the terms of the lease agreement and local regulations. However, typically, the landlord is responsible for paying the following bills:
Property taxes: The landlord is generally responsible for paying property taxes, which are calculated based on the assessed value of the property.
Common expenses: If the property is part of a building complex or has common areas, the landlord may be responsible for paying common expenses such as maintenance, cleaning, and lighting.
Insurance: The landlord may be required to provide insurance coverage for the property, such as fire and liability insurance.
Maintenance and repairs: The landlord is responsible for maintaining the property in good condition and making any necessary repairs, such as fixing plumbing or electrical issues.
Property management fees: If the landlord hires a property management company to oversee the rental property, the landlord may be responsible for paying their fees.
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