Legal Encyclopedia. The letter P

RENT.

According to the agreement R. one party, called the receiver R., transfers to another party -platelschiku R. in property assets and payer R. undertakes in exchange for the property received periodically pay to the recipient R. as established in the contract sum of money or the provision of funds for its content in a different form.

Contract R - a real, onerous and one-sided.

R. Parties are: the buyer and the payer R. R. R. As a payer may make citizens and legal entities. At the same time R. recipients may only be citizens.

Contract R. subject to mandatory notarization and contract providing for the alienation of property by R. payment, subject to state registration.

R. burden plot, enterprise, building, structure or other

immovable property transferred under its payment. In case of alienation of such property treaty obligations R. pass to the purchaser of the property on the date specified in the original contract. When sending a payment R. land or other real estate to secure the receiver R. R. liability of the payer acquires the right of pledge on this property. Types of R .:

1) constant R. - paid indefinitely;

2) R. lifetime - is paid for the period until the death of rent-receivers;

3) R. on the conditions of life maintenance of a dependent.

Recipients constant R can be citizens and non-profit organizations, if it is not contrary to the law and consistent with the purposes of their activities, the resulting profit is the realization of the purpose of their creation.

Rights can be transferred to the recipient R. by assignment of the claim and transferred by inheritance or succession in the reorganization of legal entities.

Permanent R. paid in cash in the amount stipulated by the contract. In this case the contract may provide for the payment

by providing things, works or services, the corresponding sum of money on the cost of the RV, or in cash.

Permanent R, unless otherwise provided by the contract, shall be paid at the end of each calendar quarter. R. Payer has the right to refuse further payment of R by way of its redemption.

Recipient constant R. right to demand redemption of R. payer in the following cases:

1) R. payer has delayed its payment more than 1 year, unless otherwise provided by the contract of permanent P .;

2) the payer R. breached its obligation to ensure the payment of P .;

3) the payer R. declared insolvent or any other circumstances indicating that R. would not be paid to them in the amount and within the time limits which are established by the contract;

4) immovable property transferred under payment R., came into common property, or divided among several persons;

5) in other cases stipulated by the contract.