Abstract: The topic of this thesis paper refers to the civil law contracts that belong to a group of contracts on use and utilization of objects of property, i.e. rental and lease agreements. This paper is drafted in several interrelated thematic units arranged by logic and relevance. Introduction is about the main terms, - rent and lease, being the topic of this paper, their meaning and fundamental characteristics. The second unit describes the rental agreement, rights and obligations of the contracting parties – the landlord and the tenant ,and the possibility of subletting the rented property and termination of rent. I thoroughly described residential rental agreement, as a special form of rent, regulated by the Law on Residential Rent with all its virtues and faults. Within this unit, there is an illustrative example of a residential rental agreement, provided for a better reader's perspective about the rent and the procedure for concluding a rental agreement. Furthermore, the next unit focuses on the lease agreement and its essential characteristics, on contracting parties, to be more precise, - the lessor and the lessee, sub-lease and the termination of lease. However, there are also special lease arrangements in accordance with special regulations. In that regard, the commercial leasing, agricultural land leasing, chartering, aircraft leasing, etc. All differ, thereby, these instances are also presented in detail in this unit. Also, an example of a commercial lease agreement is provided. At the end of this paper, a parallel between the rental and lease agreement is made, since agreements belong to the same group of contracts and are regulated by the same laws – Law on Contracts and Torts, they share many similarities, but also many significant discrepancies. In the conclusion of the paper a revision of the entire thesis was presented as well as a systematic preview of facts, information and opinions that were elaborated more extensively in the said paper. The main aim and purpose of this paper is to emphasize the difference between rent and lease, i.e. use and utilization, and to raise awareness among people when rental vs. Lease agreements should be concluded.
Publication Year: 2018
Publication Date: 2018-07-13
Language: en
Type: dissertation
Access and Citation
AI Researcher Chatbot
Get quick answers to your questions about the article from our AI researcher chatbot