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Article 1029. Property Management Agreement




Chapter 70. PROPERTY MANAGEMENT

Article 1011. Commission Agreement

Chapter 69. Commission

Article 1000. Agency Agreement

Chapter 68. Agency

Article 979. Insurance Agreement

Chapter 67. Insurance

Article 936. Storage Agreement

General Provisions on Storage

Chapter 66. Storage

1. Under a storage agreement one party (depositee) shall undertake an obligation to store an object transferred to it by another party (depositor) and to return it safe to the depositor.

2. A storage agreement under which a depositee is a person providing storage on the basis of entrepreneurship (professional depositee) may establish an obligation of such depositee to store an object, which will be transferred to the depositee in the future.

3. A storage agreement shall be a public agreement, provided the subject of business stores objects in the general use storage facilities (storage caves/rooms, premises).

 

1. Under insurance agreement one party to the agreement (an insurer) shall assume an obligation in special event (insurance accident) to pay the other party (an insurant) or another person specified in the agreement the amount (insurance payment), whereas an insurant shall assume an obligation to remit insurance payments and to comply with the other terms and conditions as prescribed by the agreement.

 

1. According to an agency agreement, one party (an agent, confidant) shall be obliged to undertake certain legal actions in the name and at the expense of the other party (a principal).

A transaction completed by an agent shall create, amend or terminate civil rights and liabilities of a principal.

2. Agency agreement may establish an exclusive right of an agent to undertake all or a portion of legal actions prescribed by the agreement in the name and at the cost of a principal. The agreement may establish the term of validity for such an agency and (or) the territory within which the agent’s exclusive right shall be effective.

 

 

1. Under a commission agreement one party (a commissioner) shall assume an obligation as commissioned by another party (a committent) to perform one or several transactions in its

name but at the expense of the committent.

 

1. Under the property management agreement one party (management settler) shall transfer to another party (a manager) the property into management for a specific period of time and the

other party shall be obliged to manage this property for fee on its behalf to the interests of the

management settler or a person (beneficiary) determined by him.

 




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