Who signs the lease
If you cannot come, the lawyer you appoint signs it. When the flat is co-owned, for example by you and your sister, each of you gives a power of attorney and one attorney signs for both.
Why the form of the lease matters
While the rent comes in, nobody reads the lease. When a tenant stops paying or refuses to leave, an owner with an ordinary lease has to sue, and eviction cases in practice can take years.
A lease certified (solemnised) by a public notary, with the tenant's express consent to enforcement, can have the force of an enforceable document. Arrears and eviction are then pursued directly in enforcement proceedings. A simple certification of signatures does not achieve this. We check before signing whether your lease meets the conditions.
What the lease should say
- rent, currency and due date; an amount in euros is paid in dinars at the National Bank of Serbia middle rate
- the deposit and what it covers
- who pays utilities and who pays maintenance
- term and notice period
- condition of the flat at handover, with a written record and photos
- the tenant's consent to enforcement, if the lease is certified by a notary
Tax on rental income
If the tenant is an individual, the owner files and pays the tax, including an owner living abroad. If the tenant is a company, it withholds and pays the tax with each rent payment.
If you live in a country that has a double tax treaty with Serbia, ask a local tax adviser how the income is reported there as well.
Frequently asked questions
Does a lease have to be signed before a notary?
Not for the lease of a flat to be valid. Notarial certification is what you need if you want the lease, with the tenant's consent to enforcement, to be enforceable without a lawsuit.
Can the rent be paid to my account abroad?
It can, but a Serbian account is more practical for paying local tax and bills. Non-residents can open an account in Serbia; the bank decides whether to open it.
What if the tenant stops paying?
First a written demand with a deadline. If the lease is certified with consent to enforcement, we file for enforcement. Otherwise, a lawsuit.
This guide provides general information and is not legal advice for your specific case. Send us your question for an assessment.