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Housing & Information Service

 

RENT OR BANK GUARANTEE

The landlord has the right to require a guarantee or a deposit not exceeding a maximum of three months' rent in order to be protected against any delays in the payment of rent, against possible damage to the property and even against any other debt tied to the lease.

BANK GUARANTEE

The amount must be deposited in  a Swiss bank under the tenant's name. The bank will draw up a document certifying the constitution of the guarantee, a copy of which must be given to the landlord.

NO-DEPOSIT GUARANTEE OR CAUTION

Insurance or private caution companies offer the guarantee of rent without cash deposit.  Together with the yearly fee, a one-time registration fee must be paid. In the following years, the amount to be paid will only be the annual premium (a percentage of the amount of the rent guarantee).

RELEASE OF THE GUARANTEE

At the end of the lease, the landlord will agree to the release of the guarantee. If not, the tenant can refer to the mediation authority, notify a payment order, and may wait up to one year after the expiration of the lease.

In the event of a dispute with the landlord, when leaving the country, the tenant would be well-advised to alert their bank or the guarantee provider, as well as the Tribunal des Baux et Loyers ("Leases and Rents Court") providing them their new address.

The release of the guarantee can take place before the end of the lease if money is due to the landlord by the tenant, or it can be delayed if there is a problem with the "état des lieux". The bank will release all or part of the guarantee only on the following conditions: either the tenant provides their authorization to the landlord, or the landlord has a court order or uncontested payment order.