What is PNAG?

The PNAG Rental Guarantee® is a contract which is signed alongside the rental contract, to guarantee the private individual or business that it's being adhered to, without the need for a lawyer, and eliminating all legal expenses. SPM Rentals & Property Sales is an official PNAG approved agency so our clients can be assured of a hassle free & professional rental service.

The PNAG Rental Guarantee® covers both parties (owner & tenant) legal rights and all terms outlined in the rental contract such as:

Non-payment of rent
Non-payment of utility and other bills
Damage caused to the property and/or it's contents
Renewal of the bank guarantee
Immediate recovery of the property in case of breach of contract
Unauthorized building work carried out in the property
Unauthorized sub-rental of the property by the tenant.

What's the cost?

The PNAG Rental Guarantee® has a one off price for each agreement.

The only additional costs are responsibility of the guilty party found in the arbitral sentence and are 90€ for expenses, and 55€ for administrative notifications.