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not Auditing NO： 8089

Name： administrator

Tel：54590735
From：shanghai
Date：2005-11-11
E-mail：
Http：

	Q:What is the process for handing back the property at lease end?

	A:Once your lease agreement expires, a walk-through inspection of the Premises is needed to ensure that the Premises are in same condition as at the commencement of the lease except for normal tear and wear (and other conditions stated in the lease agreement). After the inspection and sign off on the inventory list, all outstanding utility and other fees must be settled before the deposit is handed back to the tenant

Name： administrator

Tel：54590735
From：shanghai
Date：2005-11-11
E-mail：
Http：

	Q:What is the landlord expected to prepare before the check-in?

	A:The landlord should ensure that the Premises are ready as per the contractual agreement. That is to make sure all the furniture pieces and appliances listed in the inventory list are there and working properly; the (IDD) phone line(s) and broadband are connected and working; the Premises are completely cleaned and repainted if needed. The general maintenance of the Premises and inventory should be taken care of by the tenant

Name： administrator

Tel：54590735
From：shanghai
Date：2005-11-11
E-mail：
Http：

	Q:Does the tenant have the right to make improvements?

	A:Every request must be presented to the landlord prior to commencement of the improvement. Usually the permits are granted given that the structures of the Premises remain the same, so you probably will not be allowed to take down the walls while painting them will be fine in most cases

Name： administrator

Tel：54590735
From：shanghai
Date：2005-11-11
E-mail：
Http：

	Q:Is it possible to terminate lease early?

	A:Yes, it is possible to break the lease early but the terms related to this depend on the contract and the negotiations with the landlord prior to signing. Should you break a ‘normal' lease agreement, then you should expect to forfeit the deposit or parts of it. Sometimes the landlord will accept the early termination if the tenant can find another replacement occupant for instance from your company.

Name： administrator

Tel：54590735
From：shanghai
Date：2005-11-11
E-mail：
Http：

	Q:What should I pay before the lease is effective?

	A:You should pay the first month rental and deposit (and sometimes management fees and/or club house fees if these are not included in the rental) before the landlord will hand-over the keys. There are no legal fees involved in renting a property, nor any ‘key-fees'.

Name： administrator

Tel：54590735
From：shanghai
Date：2005-11-11
E-mail：
Http：

	Q:Do I have any sublet or assignment rights?

	A:This is not the standard for lease agreements though it is included in some lease agreements if the owner is an individual landlord. Do not expect this to happen for compound leased by the developers.

Name： administrator

Tel：54590735
From：shanghai
Date：2005-11-11
E-mail：
Http：

	Q:Can I automatically renew my contract upon expiration?

	A:The rights to renew the contract must be negotiated with the landlord and if both agree on the renewal terms, this can be included in the contract. The renewal process usually starts 2-3 months prior to original lease end and must be confirmed in writing. After confirmation, your realtor should draft up the extension agreement and arrange for the appropriate signatures

Name： administrator

Tel：54590735
From：shanghai
Date：2005-11-11
E-mail：
Http：

	Q:What is the typical lease term?

	A:The typical lease period is a one (1) year fixed contract but some contracts may extend further than that depending on the mutual requirements from both parts. Some service apartments can offer short-term stays from 1 day to whatever is required from you.

Name： administrator

Tel：54590735
From：shanghai
Date：2005-11-11
E-mail：
Http：

	Q:Who pays for the realtor fee?

	A:Usually the landlord or developer will cover these fees when it comes to leasing – other terms apply for buying and selling. There may however be situations where the realtor fees are shared between the landlord and the tenant in a pre-agreed share ie. 70% to 30% but if this is the case, your realtor should inform you about this before showing the property.

Name： administrator

Tel：54590735
From：shanghai
Date：2005-11-11
E-mail：
Http：

	Q:What do the management fees cover?

	A:The management fees cover the overall maintenance and cleaning of the compound and security

Name： administrator

Tel：54590735
From：shanghai
Date：2005-11-11
E-mail：
Http：

	Q:What is included in the rent?

	A:The typical lease agreement will include usage of public areas, management fees and club house fees if a club house (sports facilities such swimming pools, tennis, sauna etc) exists in the compound. Furniture and appliances are usually also included in the lease but electricity, gas, water and phone fees, which are billed at costs.

Name： administrator

Tel：54590735
From：shanghai
Date：2005-11-11
E-mail：
Http：

	Q:How about the security deposit?

	A:The norm is to pay 1-3 months rental in deposit depending on the overall quality of the furniture, appliances and other items in the Premises. The deposit can sometimes be used to off-set the last 1-3 month's rental. In some cases, a Bank Guarantee can also be used. The deposit will be returned after completion of leasing period and after all outstanding utility fees etc have been settled.

Name： administrator

Tel：54590735
From：shanghai
Date：2005-11-11
E-mail：
Http：

	Q:How do I pay my monthly rental? Can I pay from my home country?

	A:Most of the rents are quoted in US$ / month. Depending on the landlord (individual or corporate) the rental fees can be paid in US$ directly or in RMB. Money transfer from overseas is also possible. If the payment is made in RMB, the exchange used will be the middle rate published by the Central Bank on first working day of each month.

Name： administrator

Tel：54590735
From：shanghai
Date：2005-11-10
E-mail：
Http：

	Q:How do I find the right home?

	A:It is of course important that your realtor is experienced and knowledgeable about the real estate market at the destination you are moving to. It is also important that you provide the realtor with all your requirements such as location, type, size, budget and other detailed specifications, so he/she can source the right properties for you to review whether you choose to live in apartment or villa. It is not unusual to review 15-20 or more properties before you can make the best possible decision, so make sure you have the time available that is needed. If you are still at your home country, a look-see trip to the designated destination for 3-4 days is highly recommended. If you have children or other family members joining you in your stationing, try to make sure that their needs are attended to as well i.e. distance to the schools and the presence of other children in the compound or nearby etc.

Name： administrator

Tel：54590735
From：shanghai
Date：2005-11-10
E-mail：
Http：

	Q:FAQ's about lease agreements

	A:There are of course many ways to prepare the lease agreements and many inclusions that should be covered. Your particular needs should be taken into consideration before any agreement is signed and it can be difficult to handle a lease agreement in a foreign country in a language that one doesn't speak or read. We have collected a number of FAQ's regarding the lease agreements and their inclusions - things you should be aware of and general advices. If you have any comments or advices that you would like to pass on to other people in a similar situation, please feel free to contact us via info@axcelrealty.com