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Civil law. Part II. Features of an enterprise lease agreement (the most important)

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38. FEATURES OF THE ENTERPRISE LEASE AGREEMENT

A business lease is a type of real estate lease.

Parties to the agreement are entrepreneurs.

Essential conditions of the contract are its subject and the amount of rent (clause 2 of article 650, clause 1 of article 654 of the Civil Code).

The subject The contract is an enterprise as a property complex.

Since the enterprise is a complex object, its composition is determined on the basis of an inventory act, an audit opinion on its value, a balance sheet reflecting the assets and liabilities of the enterprise, as well as a list of obligations, in particular debts.

As part of the enterprise allocate fixed and working capital, as well as its exclusive rights.

The lease agreement must be presented by a document signed by both parties.

The lessor is obliged to notify the creditors of the enterprise about the lease of his enterprise to them in order to obtain their consent to transfer the debt due to them from the owner of the enterprise to the lessee.

A creditor who has received a notice from the lessor about the transfer of his enterprise for rent has the right to present a demand to the lessor to terminate the loan agreement with him within three months. A creditor who has not received such a notice shall be entitled to this claim within one year from the date on which he learned of the lease of the enterprise.

The tenant of the enterprise has broad rights in relation to the subject of the contract: he has the right to make transactions with property without the consent of the creditor (sublease, sell, exchange leased property, but these rights do not apply to natural resources); take actions aimed at increasing the value of the leased property (Article 660 of the Civil Code).

Inseparable improvements made by the tenant without the permission of the landlord are subject to compensation by the landlord, unless they are unreasonable (Article 662 of the Civil Code).

For debts transferred to the tenant together with the enterprise, the tenant and the lessor are jointly and severally liable to the creditor (paragraph 4 of article 657 of the Civil Code).

If the contract is recognized as invalid, the return to the parties of everything received under the transaction is possible only if this does not significantly violate the rights of the parties to the contract, other persons and does not contradict public interests.

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