Renting a property in Guatemala is a straightforward process.
Identification
First and foremost, both the landlord and the tenant must present their identification documents, which must be valid.
Security Deposit
The landlord may require a security deposit before handing over the property, typically equivalent to one month’s rent.
Personal and Employment References
It is common for the landlord to request personal and employment references to verify the identity of the prospective tenant and their employment history.
Lease Agreement
It is crucial that both parties sign a lease agreement.
Guarantor
The property owner may request a third party to act as a guarantor for the tenant in case of payment defaults.
For the safety and peace of mind of both the property owner and the tenant, it is essential that both parties verify all the documents presented.
