How to build a rental file? (Self-employed)
Many owners are cautious when renting out their property to a self-employed entrepreneur, or freelancer. They usually prefer an employee on a permanent contract. Nevertheless, it's possible for the self-employed to rent and sign a lease. Especially to build a rental file in order to seal the deal.
What are the documents to be provided?
According to Decree No. 2015-1437 of November 5, 2015, the documents in a self-employed's rental file should include:
Other supporting documents concerning income:
- A valid ID (i.e. passport)
- Proof of address (i.e. last 3 rent receipts for example)
- Proof of Employment (i.e. freelance/consultancy employment contract, last 3 payslips, etc.)
- A document on the registration of your micro-enterprise: certificate of registration from the SIRENE register (liberal activity), extract K (trader) or extract D1 (craftsman)
- Your last tax certificate and turnover certificate for the current year (documents available on the autoentrepreneur.urssaf.fr space)
- Your last two tax notices
Other supporting documents concerning income:
- For those who work under their self-owned businesses, you'd still need to provide documents that prove your company's financial stability, sustainability, and more. These can include:
- Long-term service contracts and quotations
- The recipe book of your self-owned business
- A dashboard of financial management (i.e. turnover, expenses, net income, cash, forecast, etc.)
- Certificate of Rights (CAF)
What documents are not required?
Under the Laws of 6 July 6, 1989, and January 17, 2002, the property owner/landlord has no right to ask for certain documents that are deemed too personal and/or confidential such as:
- VITALE card
- Photocopy of bank account
- Certificate of proper maintenance of the bank account
- Certificate of no credit, authorization of direct debit
- Marriage contract or cohabitation certificate
- Personal medical record
- Criminal record extract
- Extract from the family record book
- Any financial proof intended to reserve or guarantee your accommodation
Is it mandatory to have a guarantor if you are a self-employed entrepreneur?
Most owners/landlords are reluctant to choose self-employed individuals as tenants because their rent guarantees (GLI or Unpaid Rent Guarantee) impose constraints on them. To get around this, you can get a guarantor. They must enter a permanent contract with you and earn income that's at least 3 times the amount of the rent of the property.
The guarantor must provide you with:
However, If you do not have the opportunity to find a guarantor who meets these criteria in your entourage, know that alternative solutions exist. There’s Action Logement's Visale guarantee, for example, which is a rental deposit guaranteeing unpaid rent. It's reserved for tenants under the age of 30, self-employed individuals, employees of private companies whose net salary is less than or equal to €1,500.00, private sector employees who have transferred to France on business, and tenants who have signed a mobility lease.
If you still cannot benefit from the Visale guarantee, you can use an online guarantor (i.e. Garantme) which allows tenants to self-insure or have a certificate from a bank proving that they can consistently pay their rent.
The guarantor must provide you with:
- Their valid ID
- Their proof of address
- Their employment contract
- Their last 3 payslips
However, If you do not have the opportunity to find a guarantor who meets these criteria in your entourage, know that alternative solutions exist. There’s Action Logement's Visale guarantee, for example, which is a rental deposit guaranteeing unpaid rent. It's reserved for tenants under the age of 30, self-employed individuals, employees of private companies whose net salary is less than or equal to €1,500.00, private sector employees who have transferred to France on business, and tenants who have signed a mobility lease.
If you still cannot benefit from the Visale guarantee, you can use an online guarantor (i.e. Garantme) which allows tenants to self-insure or have a certificate from a bank proving that they can consistently pay their rent.
Ce qu’il faut retenir :
- In your rental file, Include as many documents that prove your self-owned company's financial stability
- Property owners/landlords are often hesitant to enter a lease with self-employed tenants
- Get a guarantor
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Posted on 16/01/2023 by
Andy LECUYER
