Renting A Condo

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Questions and Answers

In a co-ownership association, when is the owner-occupier of a home required to take out home insurance?

When the property is part of a condominium (correct)

Only if the property is rented out

Never

Always

What happens if an owner who occupies his own home does not take out home insurance?

He will be exempt from any liability.

He will receive compensation for any damage caused by him.

His property will automatically be insured.

He will have to pay compensation for any damage he or his property may cause. (correct)

What is one of the disasters covered by comprehensive home insurance for an owner-occupied home?

Flood damage only

Earthquake only

Fire, explosion, water damage, etc. (correct)

Theft only

If an owner rents out his property, who is responsible for ensuring that home insurance is in place?

The owner (D) Signup and view all the answers

What must be insured if a dwelling is part of a condominium?

At least the portion responsible for civil liability (A) Signup and view all the answers

What additional guarantees can be included in comprehensive home insurance?

Additional guarantees such as theft coverage and more (C) Signup and view all the answers

What is the maximum allowable rental period for the dwelling per calendar year?

120 days (A) Signup and view all the answers

When can the rental period of the accommodation exceed 120 days?

For health reasons (A) Signup and view all the answers

What information must be provided in a sworn certificate before publishing a rental advertisement?

Fulfillment of prior obligations, main residence status, and housing declaration number (B) Signup and view all the answers

What must a digital platform do when the accommodation has been rented for 120 days between January 1 and December 31?

Deactivate the advertisement (B) Signup and view all the answers

If you are not using a digital platform for renting your main residence, what may the town hall request from you?

A breakdown of rental days until December 31 of the following year (B) Signup and view all the answers

What must the tenant do to rent out their main residence for a short period?

Get written permission from the landlord (B) Signup and view all the answers

What may happen if a tenant sublets their main residence without authorization?

They may have to pay the landlord damages (C) Signup and view all the answers

What type of clientele should occupy a rented main residence according to the text?

Transient clientele (C) Signup and view all the answers

What is an important condition for a tenant who wishes to sublet their main residence?

Seek written permission from the landlord (A) Signup and view all the answers

In what situation can the rental period of a main residence be exceeded beyond 90 days per guest?

For professional obligation, health, or force majeure (C) Signup and view all the answers

What must a homeowner do if their unit is part of a condominium?

Verify that the condominium by-law does not include certain clauses (C) Signup and view all the answers

Which municipalities require owners to declare their main residence at the town hall for a declaration number?

[Paris, Annecy, and Aix-en-Provence] (B) Signup and view all the answers

What does a municipality do upon receiving a declaration of a main residence rental from an owner?

[Issues an acknowledgment of receipt with a declaration number] (A) Signup and view all the answers

What type of loan can a tenant apply for to finance the security deposit?

Loca-pass advance (interest-free loan) (B) Signup and view all the answers

What assistance can a tenant apply for to reduce the amount of rent?

Housing Assistance (APL, ALF, ALS) (B) Signup and view all the answers

Who is eligible for the Visale warranty until the day before their 31st birthday?

A private sector employee under 30 years old (A) Signup and view all the answers

What is the maximum monthly net income for a private sector employee, agricultural or non-agricultural, to be eligible for the Visale warranty?

€1,500 (B) Signup and view all the answers

What must the rental amount (including charges) not exceed for a tenant to be eligible for the Visale guarantee?

€1,500 (C) Signup and view all the answers

When must the tenant make an online request for the Visale guarantee?

Before signing the lease (A) Signup and view all the answers

What is the step after Action Logement checks if the tenant can obtain the Visale guarantee?

Tenant receives a visa (C) Signup and view all the answers

What should the owner do in case of two months of unpaid rent from the tenant?

Report to Housing Action (A) Signup and view all the answers

How can the tenant make refunds for the Visale guarantee?

By connecting to their personal space on Visale.fr website (B) Signup and view all the answers

'What should the owner do after creating his personal space on Visale.fr website?

Generate a proposal for a guarantee contract (D) Signup and view all the answers

Who is not eligible to receive the Visale warranty?

Private sector employee earning €1,700 net per month (A) Signup and view all the answers

What does Action Logement do upon confirming that a tenant is eligible for the Visale guarantee?

Send a visa to prove eligibility to the owner (C) Signup and view all the answers

Which type of damage is not covered by the insurance's civil liability guarantee?

Damage caused by a loved one (C) Signup and view all the answers

What is one way to guarantee your professional civil liability according to the text?

Take out specific insurance for professional activities (A) Signup and view all the answers

What is one exclusion to the civil liability guarantee mentioned in the text?

Damage from school activities (D) Signup and view all the answers

What is one instance where renters insurance provides limited liability coverage?

Liability for children's activities (A) Signup and view all the answers

What does the Visale guarantee do for a tenant according to the text?

Acts as a guarantor for the tenant (D) Signup and view all the answers

What does the Visale guarantee cover for a tenant's main residence?

Unpaid rent and charges (D) Signup and view all the answers

Under what condition does Action Logement reimburse the owner in case of unpaid rent?

After receiving payment from the tenant (B) Signup and view all the answers

What does comprehensive home insurance cover for third parties?

Repair of damage caused by the owner or people for whom he is responsible (C) Signup and view all the answers

In home insurance, what does the civil liability guarantee cover?

Damage caused to third parties by persons or things that are the owner's responsibility (C) Signup and view all the answers

What should a tenant provide to the owner each year in a rental property?

Insurance certificate (B) Signup and view all the answers

What happens if a tenant does not provide the required insurance certificate after receiving a formal notice?

The owner takes out insurance on behalf of the tenant or terminates the lease (D) Signup and view all the answers

In a condominium, what type of insurance must the owner take out?

Civil liability insurance (C) Signup and view all the answers

Who is responsible for compensating for damage caused to others in civil liability?

Landlord only (C) Signup and view all the answers

Under comprehensive home insurance, which individuals are considered responsible for damage besides the owner?

Employees and children living in the house (D) Signup and view all the answers

What may an insurer specify in a comprehensive home insurance contract as an exclusion?

Damage caused by a construction defect (B) Signup and view all the answers

Study Notes

Rentals and Insurance

Short-term rental of main residence (up to 120 days per calendar year) is allowed, but must be declared in advance to the town hall and tax authorities
Rental period may be exceeded only for reasons of professional obligation, health, or force majeure
Owner must obtain a sworn certificate indicating:
- Fulfillment of prior obligations (declaration, authorization from the owner if the owner is a tenant)
- Accommodation is the main residence
- Possession of a housing declaration number

Insurance for Homeowners

Homeowners are not required to take out home insurance, unless the property is located in a co-ownership
Home insurance is mandatory for homeowners who rent out their property
Comprehensive home insurance covers:
- Civil liability
- Damage caused by the owner or their dependents
- Theft, fire, explosion, water damage, etc.
Civil liability guarantee covers damage caused to third parties by the owner or their dependents

Renters and Insurance

Renters must provide the owner with an insurance certificate upon handing over the keys and annually
If the renter fails to provide the certificate, the owner can take out home insurance on their behalf and request reimbursement
Renters who are employees, civil servants, students, or apprentices can apply for the Visale guarantee, which covers unpaid rent and damages up to 36 monthly installments

Visale Guarantee

The Visale guarantee is a surety that exempts the tenant from presenting any other security to the landlord
Conditions for obtaining the Visale guarantee vary depending on the tenant's age, income, and occupation
The guarantee covers unpaid rent and damages for the tenant's main residence
The tenant must not be a direct ascendant or descendant of the landlord

Rental Process

The tenant must request the Visale guarantee online before signing the lease
Housing Action checks the tenant's eligibility and sends a visa if approved
The tenant provides the visa to the landlord, who then requests a guarantee contract
In case of unpaid rent, the landlord declares the unpaid amount to Housing Action, and the tenant must reimburse Housing Action

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Description

Test your knowledge on who is eligible for the Visale warranty scheme, which is available to individuals aged between 18 and 30, including employees, civil servants, students, and more. Explore the specific criteria for employees in the private sector over 30 years of age with less than 6 months of employment.