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Real estate rental agreement: what tenants and landlords need to know

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Consultant # 1306
Consultant # 1306
Lawyer
Ukraine / Kyiv

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Publication date: 06.06.2024

Real estate rental agreement: what tenants and landlords need to know

A real estate lease agreement is one of the most common types of civil law contracts. It regulates the relationship between the tenant and the landlord regarding the use of the premises for a certain period and for a certain fee. To avoid problems and misunderstandings, it is important to know the main aspects of concluding such a contract.

The main elements of the lease agreement

1. Parties to the contract

The lease agreement specifies the lessor and the lessee. The lessor can be the owner of the real estate or a person authorized by the owner to lease the property. The tenant can be both a natural person and a legal entity.

2. Subject of the contract

The subject of the contract is specific real estate (apartment, house, office, etc.), which the lessor transfers to the lessee for use. The leased property should be described in detail in the contract, including the address, area, condition and other characteristics.

3. Lease term

The lease agreement is concluded for a certain period, which is determined by agreement of the parties. Usually, lease terms vary from several months to several years. It is important to clearly define the beginning and end of the lease term.

4. Rent

The amount of rent and the procedure for its payment must be clearly defined in the contract. Usually, rent is set as a fixed amount that is paid monthly. There may also be provision for rent review.

5. Rights and obligations of the parties

The lease agreement must contain the rights and obligations of the lessee and the lessor. For example, the tenant is obliged to use the real estate in accordance with its purpose and pay the rent on time, and the lessor - to ensure the possibility of using the leased property.

Consultation of a lawyer and legal analysis of the situation

Before entering into a lease agreement, especially if it is a long-term lease or a large property, it is recommended to conduct a legal analysis of the situation and obtain the advice of a lawyer. A legal opinion will help assess risks and avoid possible problems.

Main risks and their avoidance

1. Non-compliance with deadlines

Tenants and lessors must carefully observe the terms established by the contract. Late payment of rent or late vacating the premises can lead to conflicts and litigation.

2. Property damage

Tenants must use the property with care and do not damage it. The contract may provide for the tenant's obligation to compensate for damages in case of damage to the property.

3. Lack of contract registration

According to the legislation of Ukraine, real estate lease contracts concluded for a period of more than three years are subject to state registration. Failure to register may invalidate the contract.

Lawyer's help online

In today's world, where the Internet has become an integral part of our lives, the help of a lawyer online is very convenient. An online lawyer can provide advice on concluding a lease agreement, conduct a legal analysis of documents, prepare the agreement and ensure its compliance with the law.

Conclusion

The conclusion of a real estate lease agreement requires careful preparation and knowledge of legal nuances. A lawyer's consultation and legal analysis of the situation are necessary to protect the interests of both parties. Using the services of a lawyer online allows you to quickly and efficiently get the necessary legal support. Contacting a professional lawyer will help avoid possible problems and ensure the stability of contractual relations.

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