Contract law. Business lease agreement (most important)

Lecture notes, cheat sheets
Free library / Directory / Lecture notes, cheat sheets

Contract law. Business lease agreement (most important)

Lecture notes, cheat sheets

Table of contents (expand)

37. ENTERPRISE LEASE AGREEMENT

On company lease agreement the lessor undertakes to provide the lessee for a fee for temporary possession and use of the enterprise as a whole as a property complex used for entrepreneurial activities.

The enterprise lease agreement is:

1) consensual;

2) compensated - the basis for the fulfillment of the obligation to provide the leased object for use is the timely payment for the use of property;

3) mutual - the presence of subjective rights and obligations of both parties to the enterprise lease agreement.

subject of a contract

▪ an enterprise as a single property complex related to real estate and including fixed and working capital, rights to use natural resources, exclusive rights, as well as claims and debts.

Form of contract

▪ written, by drawing up one document signed by the parties, subject to state registration.

Essential terms of the contract enterprise lease are the subject of the contract and the price.

Landlord

▪ the owner of the property being transferred for use or a person authorized by law or the owner to lease the property.

Tenant - this is a person interested in obtaining property for use, while the law does not apply any special requirements to him as a general rule.

The landlord, in addition to his general duties, must:

1) reimburse the lessee for the cost of inseparable improvements made by the latter to the leased property, regardless of the permission of the lessor for such improvements;

2) to provide the tenant with property in a condition corresponding to the terms of the contract and the purpose of the property.

The tenant, in addition to his general rights and obligations, has:

1) the obligation to maintain the enterprise in proper technical condition during the entire term of the contract, including carrying out its current and major repairs;

2) the obligation to return the leased property complex to the lessor in compliance with the rules for the transfer of the same complex after the expiration of the enterprise lease agreement;

3) the right, without the consent of the lessor, to sell, exchange, lend for temporary use or loan material assets that are part of the property of the leased enterprise, sublease them and transfer their rights and obligations under the lease agreement in relation to such assets to another person, provided that this does not entail a change in the value of the enterprise and does not violate other provisions of the enterprise lease agreement.

Author: Rezepova V.E.

<< Back: Lease agreement for buildings and structures

>> Forward: Financial lease (leasing) agreement

We recommend interesting articles Section Lecture notes, cheat sheets:

▪ Agricultural law. Lecture notes

▪ Insurance. Crib

▪ Civil law. A common part. Crib

See other articles Section Lecture notes, cheat sheets.

Read and write useful comments on this article.

<< Back

Latest news of science and technology, new electronics:

The existence of an entropy rule for quantum entanglement has been proven 09.05.2024

Quantum mechanics continues to amaze us with its mysterious phenomena and unexpected discoveries. Recently, Bartosz Regula from the RIKEN Center for Quantum Computing and Ludovico Lamy from the University of Amsterdam presented a new discovery that concerns quantum entanglement and its relation to entropy. Quantum entanglement plays an important role in modern quantum information science and technology. However, the complexity of its structure makes understanding and managing it challenging. Regulus and Lamy's discovery shows that quantum entanglement follows an entropy rule similar to that for classical systems. This discovery opens new perspectives in the field of quantum information science and technology, deepening our understanding of quantum entanglement and its connection to thermodynamics. The results of the study indicate the possibility of reversibility of entanglement transformations, which could greatly simplify their use in various quantum technologies. Opening a new rule ... >>

Mini air conditioner Sony Reon Pocket 5 09.05.2024

Summer is a time for relaxation and travel, but often the heat can turn this time into an unbearable torment. Meet a new product from Sony - the Reon Pocket 5 mini-air conditioner, which promises to make summer more comfortable for its users. Sony has introduced a unique device - the Reon Pocket 5 mini-conditioner, which provides body cooling on hot days. With it, users can enjoy coolness anytime, anywhere by simply wearing it around their neck. This mini air conditioner is equipped with automatic adjustment of operating modes, as well as temperature and humidity sensors. Thanks to innovative technologies, Reon Pocket 5 adjusts its operation depending on the user's activity and environmental conditions. Users can easily adjust the temperature using a dedicated mobile app connected via Bluetooth. Additionally, specially designed T-shirts and shorts are available for convenience, to which a mini air conditioner can be attached. The device can oh ... >>

Energy from space for Starship 08.05.2024

Producing solar energy in space is becoming more feasible with the advent of new technologies and the development of space programs. The head of the startup Virtus Solis shared his vision of using SpaceX's Starship to create orbital power plants capable of powering the Earth. Startup Virtus Solis has unveiled an ambitious project to create orbital power plants using SpaceX's Starship. This idea could significantly change the field of solar energy production, making it more accessible and cheaper. The core of the startup's plan is to reduce the cost of launching satellites into space using Starship. This technological breakthrough is expected to make solar energy production in space more competitive with traditional energy sources. Virtual Solis plans to build large photovoltaic panels in orbit, using Starship to deliver the necessary equipment. However, one of the key challenges ... >>

Random news from the Archive

Ocean under Beijing 08.07.2007

Seismic studies have made it possible to discover under East Asia, at depths of 600 and 1200 kilometers (this is the lower layer of the mantle), huge reserves of water.

The pores of the mantle rocks here contain as much water as in the entire Arctic Ocean. The center of this deep reservoir is located in the Beijing area. It is believed that the water was "pushed" so deeply by the movement of tectonic plates under the Pacific Ocean about a hundred million years ago. This water betrayed itself by dampening the seismic waves that propagate through the Earth during earthquakes.

Other interesting news:

▪ Found the optimal distance between the rows of potatoes

▪ Ultralight Fujitsu Lifebook WU-X/G

▪ Pure Digital FlipVideo Camcorder

▪ 1 cubic mm computer

▪ ILD6070 and ILD6150 - Infineon's New Switching Regulators for LEDs

News feed of science and technology, new electronics

Interesting materials of the Free Technical Library:

▪ section of the site Power supply. Article selection

▪ Article Young Guard. Popular expression

▪ article What was invented first - matches or a lighter? Detailed answer

▪ article Plumber. Standard instruction on labor protection

▪ article solar charger. Encyclopedia of radio electronics and electrical engineering

▪ article Lightning in your pocket. Encyclopedia of radio electronics and electrical engineering

Leave your comment on this article:

All languages of this page

Home page | Library | Articles | Website map | Site Reviews