Empty Property Act
You’re planning to temporarily rent out your property because you’re moving abroad, because you haven’t sold your house yet, or simply as an investment. What are the rules and what should you consider? A frequently asked question is ‘can you rent out your purchased house?’ Here we delve deeper into this on the page.
Renting out via the Leegstandwet is only possible with your own purchased property and is allowed when your property is demonstrably for sale. In the Leegstandwet, a number of provisions of the standard rental law are waived. A good example of this is that you must rent out your property for a minimum of 6 months. After this period, you can terminate the lease yourself, for example after selling the property, with a 3-month notice period for the tenant. You need to apply for a permit from the municipality for this. If you rent out your property through us, we’ll take care of that. To obtain a permit, you must meet a number of rules:
- Your property is visibly for sale.
- You rent out your property for at least 6 months.
- The property is currently unoccupied.
- You don’t have more than two properties for sale for rent.
If you meet the above points, the chance of obtaining the permit is high. However, this depends on the municipality. A few small advantages:
- You can determine the rent yourself because the rental is not subject to the points system.
- You can terminate the agreement without reason with a legal notice period of three months. For example, if you have sold the property.
Renting out your purchased house with a mortgage
It may be that there is a rental clause in your mortgage. This means that you have to ask your mortgage provider for permission to rent out your property. Not every provider grants permission for this. The main reason for this is quite simple; your property fetches less in a forced sale when there are tenants. This is a tricky point where we can certainly help you. We encounter these situations frequently and know how to deal with them. You can always contact us for this.
Calculate rental price
Via this link, you can receive an immediate indication of what your property could be worth.