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Article 745. Form of a Lifelong Maintenance (Attendance) Agreement




Article 744. Notion of a Lifelong Maintenance (Attendance) Agreement

Chapter 57. LIFELONG MAINTENANCE (ATTENDANCE)

Article 732. Form of a Rent Agreement

Article 731. Rent Agreement

Chapter 56. Rent

Article 717. Gift Agreement

Chapter 55. Gift

Article 715. Exchange Agreement

Exchange

1. Under an exchange (barter) agreement each of the parties shall be obliged to transfer goods

into the other party’s possession in exchange for the other goods.

2. Each of the parties to an exchange agreement shall be a seller of the goods transferred in

exchange and a buyer of the goods received in exchange.

3. An agreement may determine an additional payment for the goods of the higher value to be exchanged for the goods of a lower value.

4. Ownership right for the goods exchanged shall be transferred to the parties simultaneously after fulfillment of their obligations on the property transfer by both parties, unless otherwise

is stipulated by the agreement or the law.

5. An agreement may stipulate an exchange of the property for the jobs (services).

6. An agreement may stipulate the specifics of concluding and executing of an exchange

agreement.

1. Under a gift agreement a party (grantor) shall transfer or be obliged to transfer cost-free in the future the property (gift) into the other party’s (grantee) possession.

2. An agreement that establishes an obligation of the grantee to perform any action of property or non-property character shall not be a gift agreement.

1. Under a rent agreement a party (rentier) shall transfer the property into ownership of the other party (rent payer, tenant) and in return for it a tenant shall be obliged to periodically pay a rent to a rentier in the form of a certain sum of money or in some other form.

2. A rent agreement may determine an obligation to pay rent perpetually (open-ended rent) or within a specific period.

1. A rent agreement shall be concluded in writing.

2. A rent agreement shall be subject to notarization and the agreement on the real estate transfer for the rent payment shall be also subject to state registration.

1. By the agreement of the lifelong maintenance (attendance) a party (alienator) shall transfer a residential building, a flat, or part thereof, other real estate, or movables of significant value

into ownership of the other party (recipient, alienee), in return thereof an alienee shall be obliged to provide a lifelong maintenance and (or) attendance to an alienator.

1. A lifelong maintenance (attendance) agreement shall be concluded in writing and shall be subject to notarization.

2. A lifelong maintenance (attendance) agreement stipulating transfer of real estate to an alienee’s ownership shall be subject to state registration.




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