RVS professionals successfully represented interests of a major transport company in a leasing dispute.
MoreWhen doing business we can hardly imagine our activity without rent: everything is for rent – offices, warehouses, buildings, constructions, land plots, equipment, transport, housing – and this list is not complete. Perhaps every one of us has ever been a tenant or a landlord and encountered a lot of issues under a rent. We shall advise you on all legal aspects of rental contracts.
It is very important to document correctly the rental contract of the object of interest from the very beginning. This will help you to avoid disputes and violations of your lawful rights and interests in future. It is necessary to describe very distinctively the rented object, all its characteristics, features and measures and, above all – it is necessary to distinctively describe the rights and obligations of the tenant and the landlord and their liability, in particular for a capital and current repair works of the rented object. Our rental attorneys shall help you to draft the rental contract, minimize your risks and exclude any unpleasant surprises, pertaining to the poor drafting of the contract.
If you are a tenant, you should know that you have a right to extend the rental period for a new term. The applicable law stipulates that, unless otherwise provided by the law or rental contract, the tenant that duly performed his obligations after the expiration of the rental period has a priority right to enter the rental contract for a new term. One should know that the tenant must give written notice to the landlord of the intention to extend the contract in a timeframe indicated in the rental contract or, if this timeframe is not indicated, in a reasonable timeframe before the expiration of the contract.
If the landlord refused to extend the contract with the tenant for a new term, but, within a year from the expiration of the contract with the tenant, entered a rental contract with a third party, the tenant is entitled to choose between claiming in court the assignment of rights and obligations under the new contract and the compensation of losses, incurred by the refusal to extend the rental contract therewith, or solely the compensation of losses. If the tenant continues using the property after the expiration of the contract with no objections by the landlord, the contract is deemed to be extended on the same terms and for an indefinite period.
A seemingly simple issue of extension of the rental contract may involve a litigation and a headache: often, it is not profitable for the landlord to extend the contract with the tenant, therefore there are a lot of unjustified refusals to extend the rental contracts, which is a violation of the tenant’s rights. If you have encounter an issue with extension of the rental contract, contact our rental attorneys and we shall help you to resolve a dispute and protect your interests, whether you are a tenant or a landlord.
If you have encountered difficulties with documenting/ supporting a transaction under a rental contract, please contact RVS professionals – we shall take into account all most complicated elements and document a set of documents, which you can be completely sure of.