Renting real estate today is an affordable way for many companies and firms to organize their activities without significant financial costs. Like any other process, commercial hiring has a number of features that should be carefully studied and kept in mind.
According to the current legislation, the lease of real estate is mandatory in writing and represents the transfer of the right of possession and use on a reimbursable and urgent basis of a certain premises. If the time period specified in the contract is one year or more, it is imperative to carry out the procedure for state registration of the document.
So, the lease term is one of the main characteristics of the transaction, fixed in the contract. If it is not specified, then the date of delivery of the premises is considered indefinite. In this case, the parties may refuse to fulfill their obligations, having previously notified each other for a certain period of time.
Upon the expiration of the contract, it can be extended under the same conditions or subject to agreed adjustments. At the same time, former tenants have a priority right to renew over other applicants.
Both parties, according to the document, have certain rights and obligations. Of course, the tenant in this regard must fulfill a much larger number of requirements. The main task is to pay the rent. If this condition is not spelled out in the contract, well, it will actually be considered invalid. The amount of rent is usually fixed and under current law, can change no more than once a year after prior notice. The exception is cases when important conditions and parameters of the room have changed significantly for the worse. In case of improper fulfillment of these obligations by the responsible party, the landlord has the right to demand an advance payment or even terminate the contract by applying to the courts.
The tenant, according to the agreement, uses and owns the real estate provided for rent and all property located in this premises, unless otherwise stipulated by the agreement. If the position governing these relations is absent in the contract, then it is necessary to be guided in this matter by applicable law and common sense.
The implementation of cosmetic repairs and holding of the premises in the proper form is the direct duty of the tenant, the capital repairs – in the zone of responsibility of the lessor. If the indicated work by the owner of the building is not carried out, then they can also perform a person who removes them by requesting a proportionate to reduce rent with the work.
With the direct execution of documents and the transfer of law, the newly -minted owner must subscribe to the transfer act that fixes the committed operation and is the final link in the transaction.
