Headline »

Tuesday, February 7, 2012 – 8:11 pm |

This afternoon I finally met travel blogger, Evelyne, from Indonesia who runs the blog, V-in-V.  V-in-V is a multi-language Indonesian/English blog about her life and experiences in Saigon and Vietnam.  Most of you …

Read the full story »
In the News

Current articles, commentary and blog posts on everything about or related to Saigon, Vietnam.

Halal Guide

Reviews and information about halal restaurants in Saigon, Vietnam.

Food and Coffee

Reviews of some of the most interesting restaurants, coffee shops and cafes throughout Saigon.

Technology

tech@saigonnezumi: Technology related posts and video interviews of tech leaders, open source, etc., throughout Vietnam and the World.

Saigon Photos

Some current and past photos of Saigon either submitted by saigonnezumi or readers.

Home » Vietnam

Beware of your House Broker

Submitted by on Monday, September 8, 2008 – 10:58 pm2 Comments |

My house lease ends on January 7, 2009, but we are trying to find a way to end the lease now.  I signed a 3 year lease through the advise of a Viet Kieu ‘contact’ that I knew.  He recommended that I sign a 3 year lease so I could keep the rent at a similar price ($500/month first year, $550/month last two years).  He assured me everything was okay.

Well, it turned out that I signed a really bad contract.  In the clause that I signed, it specificically said that I would have to pay double the deposit ($1500) if I decided to break the lease.  Yes, it said that.  I just saw it today.  How I missed it nearly three years ago, I do not know.

My friend asked me who the broker was.  I said I did not have one at which point she asked who helped finding the house and negotiating the contract.  I mentioned the Viet Kieu’s name.  She told me that he was the broker.  My friend did not understand why he would make me sign a contract like that.

Right now I will have to negotiate with my landlord about the last three months.  He has three month’s deposit but I need to move out in a month into the new office I found in District 4.  There is a chance I will lose it all if I move out.

We may try to get in to agree and not let me pay the last 3 months rent which is quite common in Vietnam.  In that case, my current roommate can continue to stay here and pay 1/2 of the rent.  I will leave and move into the new house since I really need an office to get some work done.

In the meantime, be wary of any house broker.  Let your trusted friends find you a good house.

Related posts:

  1. 3 Year Lease ends in 3 months My 3 year lease ends in 3 months.  My landlord...
  2. Wedding in the Phu Nhuan District Mel (Antidote to Burnout) mentioned if I had moved to...
  3. December House Expenses 8,000,000 VND – Rent 184,500 VND – Telephone 550,000...
  4. EVN says that somebody can steal electricty outside of house Today we visited EVN to finally complain about the August...
  5. My last night in my house Tonight will be my last night in my house at...

Tags:

Post comment as twitter logo facebook logo
Sort: Newest | Oldest

I still like the house in District 4 but I worry I will need to stay here until the end of the lease. The house will probably not be available then :-(

I lived in District 4 for almost 14 years before I moved to Thu Duc District a month ago :)