STUDENTS CONTRACTS IN MILAN: WHAT TO KNOW AND HOW THEY WORK

If your intention is to pursue an academic career in Milan as an off-premises student, sooner or later you will find yourself having to deal with student rental contracts.

In this article we will talk about the student contracts in Milan, their characteristics, their terms and conditions and which accommodation solutions you should consider before signing the contract.

The student contract: characteristics

If you are an off-site student in Milan, you can count on a specific rental contract, which is among those with agreed rent introduced by law 431/98.

In particular, we cite Article 5 which refers to the possibility of concluding leasing contracts for university students, on the basis of the standard contracts defined by the agreements published in the Official Journal in 2017.

The characteristics of the transitional contract for the off-site student are:

• Duration: the duration of the contract goes from 6 to 36 months with the possibility, unless canceled, of automatic renewal of 12+12 months.

• Agreed Fee: This is a fee that is set by the local territorial agreement if the municipality is among those with high population density, while it is free in cities not included in the list.

• Tax benefits to the owner such as the 10% dry coupon or the 33.5% IRPEF (personal income tax) reduction on annual income from deduction and the benefits on the registration of the contract and IMU (local municipal tax).

Transitional contract: who is entitled to deductions?

Property owners offer students ad hoc transitional contracts, that is, free contracts of 4 + 4 years or single bed rental contracts.

In these cases the off-site student is entitled to a deduction both for the agreed contracts and for hospitality contracts.

Tax deductions are also payable in the case of acts of assignment and enjoyment or lease signed with entities supporting the right to study, university campuses and residences.

However, the contract for off-site students may be awarded only if they are resident in another municipality than the University.

Rental and withdrawal contracts

The tenant in case of important reasons can terminate the contract with a notice period of three months, with formal communication to the owner by means of a registered letter.

The early termination must be registered with the Revenue Agency in order to avoid penalties and investigations, and the owner returns to the tenant the advance payment of guarantee or the deposit.

Extension of the rental contract for off-site students

The extension of the contract must be communicated within 30 days of expiry with Model RLI without sending registered letter to the tenants.

If the study requirement remains at the end of the term, it is possible to conclude a new contract with a duration varying from 6 to 36 months with an equal automatic renewal period.

Contracts for students in Milan: the advantages of choosing a Campus

Unlike private apartments, the University Campuses of Milan like those of In-Domus represent for the student the right solution to study and live better.

In-Domus campuses offer students single or double rooms, one-room or two-room apartments with half-yearly, annual or short-stay contracts.

What characterizes the contract of those who choose to live on campus? Simple: In-Domus offers a standard contract of 6 or 11 months or 5 months in the case of second semester and if there is availability you can choose to book the room for different periods.

By filling in the form on the webpages of the various campus accommodation, you can check whether the accommodation solution you have chosen is available and, if so, receive the contract and directions to complete your booking. If you like, you can also ask for a site visit of a Campus.

Once you have signed the rental agreement, paid the amount and redeived In-Domus’s confirmation, the room will be booked and the reservation is binding for you and for In-Domus.

In-Domus, with its three Campuses Milano Olympia, Milano Monneret and Milano Internazionale, is now an institution in Milan.

These Campuses have all avant-garde, young and international environments, specially designed for students who stay in the Lombard capital for their studies and with accessible rental costs.