Lease agreement in Romania
Real estate rent in Romania. Lease agreement in Romania
According to the provisions of the New Civil Code, the rental of movable or immovable goods is called leasing. Thus, a lease contract constitutes the common law for a real estate lease contract, insofar as the specific rules for renting dwellings do not cover all situations.
By entering into a lease agreement in Romania, one party, called the lessor, undertakes to ensure that the other party, called the lessee, can use the property for a certain period, in exchange for a payment called rent. The valid conclusion of a lease contract, namely a lease agreement in Romania, takes place by the simple agreement of the parties regarding both the property and the rent amount. However, a written form of the contract is required when the lease concerns a property registered in the Land Book to ensure its opposability to third parties. Also, regarding the form of a lease agreement in Romania, if it is concluded in authentic form or under private signature, it will constitute an enforceable title for the obligation to pay rent.
The Romanian Law Firm Pavel Mărgărit & Associates recommends seeking the services of a lease agreement attorney in Romania or a contracts solicitor in Romania to help you with the drafting, negotiation, and review of a lease agreement in Romania, particularly a lease deed in Romania, to protect you against legal and financial risks that may arise from non-compliance with the legislation.
Lease lawyer in Romania. Rental in Romania
Being a synallagmatic contract, a lease agreement in Romania involves rights and obligations for both parties. Thus, the lessor is obligated to deliver the property to the lessee, maintain the property in good condition for use throughout the lease term, and ensure the lessee has quiet and useful enjoyment of the property during the lease. The property intended for rental must be handed over to the lessee along with all its accessories in a suitable condition for use.
Repairs necessary to maintain the property in proper condition for use throughout the lease are the responsibility of the owner, while the lease contract lawyer in Romania will note that repairs related to normal wear and tear resulting from usual use fall under the lessee’s responsibility.
Among the lessee’s obligations are receiving the leased property, paying the agreed-upon rent on time and in the established amount, using the property prudently and with diligence, and returning the property upon the termination of the contract for any reason.
Consulting a real estate lawyer in Romania or a contracts solicitor in Romania is particularly recommended if the property’s value involves significant risks. Engaging a real estate attorney in Romania ensures compliance with the legislation, clarity of terms, and protection of the interests of the parties involved, offering assistance in negotiations for a fair balance between the parties, legal advice for contract interpretation in case of conflicts, or assistance in the evacuation procedure in Romania, evacuation procedure special, or real estate rent in Romania or recovery of rent or damages.
Real estate lawyer in Romania. Lease deed in Romania
There are several ways in which a lease agreement in Romania can terminate, such as through unilateral termination, when the lease has been concluded for an indefinite period, but this will take effect only after the notice period, even in the absence of an explicit provision in this regard. The lease contract ends upon the expiration of the term if it was concluded for a definite period. In this case, tacit renewal may occur if the owner does not oppose it, and the tenant continues to use the property. The new lease will be for an indefinite period and will operate under the same conditions as the old one.
Furthermore, when one party fails to perform its obligations without justification, the other party has the right to invoke the remedy of lease termination with damages, if applicable. Reasons that may lead to lease termination include non-payment of rent for a certain period, using the space contrary to its intended purpose as specified in the contract, or the destruction or deterioration of the property. However, the remedy of lease termination may also be used by the tenant when the owner fails to fulfill their obligations, resulting in the impossibility of using the space due to the owner’s fault.The Romanian Law Firm Pavel, Mărgărit & Associates recommends consulting a real estate lawyer in Romania or a lease contract lawyer in Romania, who ensures compliance with the applicable legal provisions regarding long-term rentals, for valuable properties such as commercial spaces, offices, or premium properties, or in the case of rentals between companies or in international contexts.
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Lease agreement attorney in Romania. Rental in Romania
Another less desirable way in which a lease agreement in Romania can terminate is through the evacuation procedure in Romania. The need for this procedure arises when the tenant fails to pay rent, when the lease has expired or has been terminated, and the tenant refuses to leave the property, or if there is abusive use or use contrary to the property’s intended purpose.
It is important to mention that certain conditions must be met for the evacuation procedure in Romania, and it is a faster procedure than a regular civil lawsuit. This evacuation procedure in Romania is an efficient solution for the quick recovery of possession of a property, but it requires strict adherence to legal steps to avoid delays or legal complications. Involvement of a real estate lawyer in Romania and a bailiff is essential for the success of this procedure.
A lease agreement attorney in Romania can assist both parties in negotiating the terms of a rental in Romania, ensuring compliance with the law and providing guidance on potential disputes, while a commercial lease lawyer in Romania is essential for businesses seeking to establish a real estate rent in Romania under a legally binding contract. For any issues related to lease agreements, consulting a contracts solicitor in Romania or a real estate attorney in Romania can help protect the interests of the parties involved.
The Romanian Law Firm Pavel, Mărgărit & Associates provides high-standard legal services across various practice areas, including those related to drafting, negotiating, and reviewing lease agreement in Romania. Our team demonstrates a comprehensive understanding of regulations regarding lease deed in Romania, providing clear and effective legal solutions to clients who have sought the assistance of a lease contract lawyer in Romania or a real estate attorney in Romania.
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