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Article 806. Leasing Agreement




Leasing

Article 798. Subject Matter of a Rent Agreement

Lease (Rent) of a Transport Vehicle

Article 793. Form of a Lease Agreement for a Building or Any Other Capital Structure

Lease of Building or Other Capital Structure

Article 792. Land Lease Agreement

Land Lease

Article 787. Contract of Hire

Hiring out

Article 759. Lease Agreement

General Provisions on Hiring (Lease)

Chapter 58. Hiring (Lease)

1. Under a lease agreement, a lessor shall transfer or shall be obliged to transfer to a lessee the property for use for fee for a certain period of time.

2. The Law may stipulate specifics of conclusion and fulfillment of a lease agreement.

1. According to a contract of hire, a lessor carrying out business on hiring out objects shall transfer or be obliged to transfer a movable object to a hirer for use for payment for a certain

period of time.

2. A contract of hire shall be a contract of adhesion. A lessor may establish a model terms and conditions under the contract of hire. Such model terms and conditions shall not violate the

rights of hirers established by the law.

Terms and conditions of a contract of hire that impair the hirer’ status as compared to that established in a model contract of hire shall be invalid.

3. A contract of hire shall be a public contract.

1. Land lease agreement shall be an agreement upon which a lessor undertakes an obligation to transfer a plot of land to the lessee for possession and use for a specified period of time and

for payment.

A land parcel may be leased with or without plants, buildings, constructions and water reserves located thereon.

2. Land parcel lease relations shall be regulated by the law.

1. A lease agreement for a building or any other capital structure or a part thereof shall be concluded in writing.

2. A lease agreement for a building or any other capital structure or a part thereof concluded for a period of three years and more shall be subject to notarization.

1. Subject matter of a transportation rent agreement shall be air, water and river carriers and land transport vehicles, etc.

2. According to the transportation rent agreement, a transport vehicle may be leased together with the servicing crew.

3. The parties to the agreement may agree upon the provision by the lessor of a set of services to insure the adequate use of the transport vehicle.

1. Under a leasing agreement one party (a lessor) shall transfer or shall be obliged to transfer to use to another party (a lessee) the property owned by the lessor under the ownership right and

acquired without any preliminary agreement with the lessee (direct leasing); or the property specifically acquired by the lessor from the buyer (a supplier) in compliance with the

specifications and conditions set out by the lessee (indirect leasing) for a definite period of time and for payment (lease payments).

2. General provisions on lease (rent) shall apply to the leasing agreement with the specifics set out in this clause and the law.

General provisions on purchase and sale and on a supply agreement shall apply to the leasing relations, unless otherwise is provided by the law.

3. Specifics of separate types and forms of leasing shall be established by the law.




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