Law on financial leasing

Parties to a financial leasing transaction

Law on financial leasing governs: financial leasing transactions financial lease agreements rights and obligations of parties to a financial leasing transaction terms of performing financial leasing transactions supervision of Lessors’ operations and the Register of Financial Leases. Financial Leasing Transaction A financial leasing transaction means a financial intermediation transaction which is performed by the Lessor…
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Obligations of a lessor and a lessee, Sublease and Termination of lease

Real estate lease agreement according to the Law of Contract and Torts

According to the provisions of the Law of Contract and Torts lease agreement shall be defined as a contract by which one person shall assume the obligation to deliver a specific object to another person (lessee) for use, and lessee shall assume the obligation to pay him in return a specified compensation (rent) and to restore…
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