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Civil law. Part II. Features of a financial lease (leasing) agreement (the most important)

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39. FEATURES OF THE FINANCIAL LEASE (LEASE) AGREEMENT

The contract is concluded in order to meet the needs of the lessee at the expense of the lessor and receive income from the latter.

The rights and obligations of the parties to the contract arise as a result of two transactions: lease and sale.

The tenant determines the property that will be the subject of the lease agreement and its seller.

The property is transferred not only for use, but also for possession.

Contract types leasing: long-term - period more than 3 years, medium term - period from 1,5 to 3 years, short - up to 1,5 years.

Types of contract leasing: fynansovыy - the subject of the contract is chosen by the lessee, and the lessor buys it; upon expiration of the contract, the subject of leasing becomes the property of the lessee; operational - the subject of the contract when purchasing it is chosen by the lessor, the lessee does not have ownership rights, and the assignment of his rights to a third party is not allowed; returnable - the owner of the property sells it to a leasing company on the condition that the latter will lease it only to him.

Parties to the contract are: the lessor (lessor), the lessee (tenant) and the seller (supplier) of the property.

The lessor and the lessee act in relations with the seller as solidary creditors.

The subject of the contract are movable and immovable non-consumable things, except for land plots and natural objects.

Contract price - an amount including reimbursement of costs incurred by the lessor in connection with the acquisition of the leased asset, and the income of the lessor.

Form of contract can only be written, and its name determines the form (internal or international), type and type of contract.

Responsibility features: the collection of sums of money and the withdrawal of the subject of leasing take place in an indisputable manner, provided for by law or an agreement; the risk for the non-compliance of the subject matter of the contract with the purposes of its use is borne by the party that chose it upon purchase; the risk of accidental loss or damage to the subject of leasing lies with the lessee from the moment he receives it.

The lessor has the right to terminate the contractif: the terms of use of the leased asset do not comply with the terms of the agreement; the lessee carries out subleasing without his consent; the lessee worsens the consumer properties of the leased asset; the lessee missed the rent payment deadlines more than two times in a row.

The lessee has the right to terminate the contract, if: the leased asset was not transferred to him in a timely manner by the lessor; The lessor does not repair the property within the period established by the contract.

The lessee does not have the right to terminate the contract for the sale of the leased asset without the consent of the lessor.

Termination of the leasing agreement is possible by agreement of the parties, as well as by a court decision.

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