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Why do I need to sign an intermediation contract and what is the difference with the rental contract?

Intermediation contract

Owners on a Premium or Superior plan authorize Globexs to manage the rentals of their apartment. More in particular, they authorize Globexs to:

  • negotiate the price and the conditions of the rental with the tenants
  • sign the rental contract on their behalf
  • collect the monthly payments
  • collect and manage the deposit
  • intermediate in case of problems with the owner
  • charge the service fee and publication fee

The intermediation contract is signed at the beginning of the collaboration between the owner and Globexs and is concluded for an indefinite period of time. Either party may unilaterally terminate this contract by giving one month’s notice; in this case, the other party must be notified in writing. In the event of termination of the contract by the owner, the owner is in any case obliged to respect and execute in good faith the reservations already made and confirmed by the tenants through Globexs.

In the intermediation contract the owner and Globexs agree on an orientative rental price. This price however is not binding, and the actual rental price needs to be negotiated and agreed for every rental. Before confirming a booking Globexs and the owner agree on the actual rental price.

Globexs owners on a Premium or Superior plan always have the final word regarding rentals and need to approve Globexs the conditions of every rental before Globexs can sign the rental contract on their behalf.

An intermediation contract between Globexs and an owner consists of 2 parts: In the first 2 pages the particular conditions of the owner and the apartment are determined, and from page 3 onwards, the owner agrees to the general terms and conditions for Globexs owners, that are also published on this website.

Rental contract

Every rental contract is a legal agreement between the owner of the apartment and the tenant. Globexs acts as an intermediate defending the interests of the owner and the tenant. Globexs redacts the rental contract and presents it to the tenant for his signature. The names and passport numbers of all the residents appear on the rental contract.

The actual rental price and all other expenses (deposit amount, agency fee, linen fee, etc.) for the tenant are determined in the rental contract, as well as the other rental conditions. The owner has the right to ask for a copy of the rental contract.

A rental contract between tenant and owner consists of 2 parts: In the first 2 pages the particular conditions of the rental are determined, and from page 3 onwards, the tenant agrees to the general terms and conditions for tenants, that are also published on this website.

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