A guide for renting a property in Venice
Below we provide some information to who decides to rent a property in Venice, a guide for rent that will help you through all the steps, the duties, and the taxes for a lease agreement.
Before delivering the signed contract to the registration office it is necessary to calculate the registration fee and pay for it. The due amount is 2% of the annual rental, with a minimum of euro 67,00.
For long term contracts (like 4+4 or 3+2) the payment can be made:
- in one solution (in this case there would be a discount), paying the 2% of the total rental for the whole period;
- year by year, paying 2% of the annual rent, every year, by 30 days from the expiring of the previous year (counting also the eventual ISTAT increases)
All the payments have to be made by a bank form named “F23”, a copy has to be attached to the contract and the registration form, and all together have to be delivered to “Agenzia delle Entrate” (registration office).
The amount is equally divided among proprietor and tenant, while the tenant has to pay for the legal stamps for the contract, but both are responsible for the payment of the whole sum. In case of missing payment, this (plus extra fees) would be required to both parties, and the payment from one of the two would be as advantage also for the other part.
To cancel a contract (early cancellation of an agreement) and for conveyances of long term contract, the due taxi s a fixed amount of euro 67,00 and the parties have to pay with F23 form within 30 days, the copies of payment for extension or cancellation have to be delivered or sent to the proper office within 20 days from the payment.
It is not necessary to pay taxes on the legal deposit. While legal deposit or other guarantee forms can be taxed (0,50%) if they are landed from a third person not included into the contract.
Instead “Cedolare secca”, is a new way of taxation. It gives the possibility to pay taxes on rents in one solution, and the rate is 19% of the annual rental if it is an “agreed rent”, while it is 21% if it is a normal rent “free rent” (contract 4+4 years).
Cedolare secca is an optional decision, because it is convenient according to the income and the kind of contract. The option for cedolare secca is only for private citizens and for housing purposes.
