What is PNAG?
The PNAG Rental Guarantee® is a contract which is signed alongside the rental contract, to guarantee the private individual or business that it's being adhered to, without the need for a lawyer, and eliminating all legal expenses. SPM Rentals is an official PNAG approved agency so our clients can be assured of a hassle free & professional rental service.
The PNAG Rental Guarantee® covers both parties (owner & tenant) legal rights and all terms outlined in the rental contract such as:
- Non-payment of rent
- Non-payment of utility and other bills
- Damage caused to the property and/or it's contents
- Renewal of the bank guarantee
- Immediate recovery of the property in case of breach of contract
- Unauthorized building work carried out in the property
- Unauthorized sub-rental of the property by the tenant.
What's the cost?
The PNAG Rental Guarantee® has a one off price for each agreement.
The only additional costs are responsibility of the guilty party found in the arbitral sentence and are 90€ for expenses, and 55€ for administrative notifications.
Contact us today for more information and to sign up your property to the PNAG with SPM Rentals.
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