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Contract

The lease terms should be written in English and Chinese. Only the Chinese version of a contract is acceptable by the courts and will be relied on the event of a dispute.

In case your agency or landlord do not provide an English translation, you can download here a professional standard leasing contract with both versions.

Download standard leasing contract.

Deposit

Owners usually ask to pay a 2 or 3 months deposit
and 1st month rent in advance when you sign a long
term leasing contract (1 month deposit = 1 month rent).

The receipt for the deposit is called "shouju"
and is a written recognition that the landlord has
received the money. 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.

Should the property condition be deemed acceptable
upon lease expiration, the security deposit will be
refunded in full.

Deposits are paid back the last day of your leasing contract after you and the owner have checked the apartment.

If you break the leasing contract before the end of the leasing date, the owner will keep your deposit.



Management fees


Management fees are payable monthly to the management company. It covers the cost of maintenance, security of the building and amenities. Fee depends on the building age and facilities offered to the Tenants.

Tax Receipt

The rental tax receipt (and other tax receipts) are called "fapiao" and the landlord has to pay tax (at present 5% of rental fee) to issue the receipt. You need "fapiao" for rental payments if you intend to use it in Chinese corporate bookkeeping or for any type of tax deductions in China.

Inspection

Before moving in, make sure that the space is cleaned and all appliances are in working order. The inventory when you move in should be carefully checked and ensure – as anywhere in the world – a comprehensive description of any anomalies is made and signed by all parties.

The water, electrical and gas meter readings should be written down on the contract. Rented apartments in Shanghai usually come fully furnished.


Next Step: Moving in and After >