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Important FAQ for Rent a House in China

 

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When you move to a new country and ready to rent an apartment, you must lost in the residential maze of ningbo. Below you will find a selection of the most common, which Reindeer  hope you will find useful information here for your home search. 

 

   

Before the Tendency

 

 

How long before moving should I look for an Apartment?

3 weeks is a general time for most places as the landlords are usually apprehensive on reserving the apartment for longer than that. Usually, the places would be taken after 3 to 6 weeks. In any case, know that you can mail us any time from 1 Month to 1 Year before you are planning to move. Reindeer Station is going to have it ready for you by the time you come to Ningbo.

What's the rent in Ningbo and decided by which factors?

When looking for an apartment, the first thing you will have to consider is your budget. It is difficult for newcomers in Ningbo to have a precise idea about their budget. In fact, in Ningbo, there are as many lifestyle options as there are properties: you can get any kind of accommodation, from the very basic to the luxurious kind. The monthly rental can range from RMB 2500/month to RMB 30000/month accordingly. The rental usually depends on the:

? Location 

? Housing Style 

? Size and number of rooms of the property 

? Age and condition of the property 

? Distance to Public Transport (bus, metro) 

? Distance to shops, entertainment or sports facilities 

? Distance to International Schools / Universities

What is the minimum lease term in Ningbo?

There are short term (<6 months) and long term (>6 months) leasing contracts in Ningbo . Short term lease is only available in serviced apartments. Usually to rent an apartment, townhouse or house, office, you'll need to be renting for a period of at least 6 months, preferably a year. Most owners sign a 1 year leasing contract. It is possible to have short term leasing contracts but it depends on the owners; rents are usually more expensive.

What kind of deposit do I have to pay for my new home? 

1 or 2 months of deposit is usually the amount that will be imposed in advance when you sign a long term leasing contract (1 month deposit= 1 month rent).The deposit normally is the money aside from the rental. Deposits are often paid upon signing of the lease to ensure unit occupation, compensation for damages caused by the tenant, or non-performance of lease terms. he landlord will offer a receipt when he receives the deposit. Please save and take care of the receipt for future use. Should the property condition be deemed acceptable upon lease expiration, the security deposit will be refunded in full. Deposits are reimbursed on the last day of your leasing contract after you and the owner have checked the apartment. 

What is included in the rental? 

Normally, the asking rental of private landlords does not include the management fee, installation of Internet access and IPTV and Tax invoice in Ningbo rental market. The management fee depends on the size of the apartment and also in which building/community the apartment is located. If tenant requires a Chinese invoice (fapiao) from the company, then the rent will be plus 2.5 percent~6 percent for apartment or house and 6 percent for office. The service fee for agent normally cost monthly rental. Reindeer Station can help you rent service apartment for free agent service fee. 



 

  During the Tenancy 

 

  Can I watch foreign TV programs in Ningbo? 

IPTV is not widely installed in apartments other than in several expatriate communities. However, we can help you to get such services if you need. The setup and yearly charges for IPTV will need to be paid from the tenant normally. We can assist you to get the installation done at your new home. And the installation staff will be able to speak English.

What currency is used for rent payment? 

Usually, rents are quoted and paid in RMB and you can pay by cash,credit card,alipay and wechat. If client must pay rent in USD, this matter is subject to negotiation with your landlord. Very few landlords now accept USD as the exchange rate is changing. But client have to pay the balance of exchange rate difference. And it's the most common way to pay the 3 month's rental in 15 days prior to the commencement of your tenancy.

What happens if my rent is paid late?

Any problems with rental payments that may result in late payment, should be conveyed to Landlord directly. Arrears letters (for which you will be charged) will be issued if rent remains outstanding beyond 5 days after it was due. Interest will be charged until the payment is made.. If you fail to the rent within five (5) working days after receiving of the default notice, the landlord shall be entitled to charge you a late payment fee of 5‰ of the overdue amount per day.

 

 

 At the End of the Tenancy  

What expenditure should I expect at the end of the tenancy?

As an outgoing tenant, typically your costs will be associated with professional cleaning and the inventory check out. Any discrepancies between the check in and check out may result in deductions from your deposit.

When will my deposit be returned to me?

Once the check-out has been conducted and the property has been cleaned to a satisfactory standard, the landlord shall return the remnant deposit free of any interests to the tenant within 5 working days after the tenant have paid all the due fee and Utility fee.This typically takes 10 working days and generally no more than 28 days.

 

End

 


 

 

Contact us and ask for a marketing solution to determine your business

 

宁波 . 灵达商务服务(涉外)有限公司

中国,宁波,江北区人民路189号中东欧大厦409-410

 Room 409-410, 4th Floor, Central And Eastern European Youth Innovation

Center, #189 RenMin Road, Ningbo

Tel:+86 574 27721008

E-Mail: marketing@reindeerstation.com

 

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REINDEER STATION SERVICE CO.,LTD

宁波灵达商务服务有限公司    备案号:2020037656号-2