Total Rental Agreement Meaning

4.4. In the event of a situation described in paragraphs 4.2 and 4.3, the tenant automatically authorizes the lessor to take control and possession of the rented item. The tenant is required to cooperate fully with this withdrawal. Section 2 items remain in effect if such an opportunity arises. 5.8. In order to protect against proper compliance with the terms of this tenancy agreement, the tenant may, if the parties agree by mutual agreement, provide a bank guarantee from a commercial bank acceptable to the lessor. Sections 5.8.1 to 5.8.4. 2.2.1 apply to this bank guarantee and its issuance. A joint preliminary review of the leased property is conducted by or on behalf of both parties.

Findings and, in particular, defects in the condition of the rental object for which the tenant is responsible must be indicated in a preliminary examination report to be co-signed by both parties or their legal representatives. This preliminary examination report must complete, if necessary, all activities necessary to reset the rental object in section 2.3.1 and, if necessary, to be supplemented with additional instructions on the means and modalities of carrying out these activities. The taker performs or performs these activities satisfactorily and within a reasonable time, no later than the day before the final check described in point 2.2.2. The formal requirements of a rental agreement are determined by the law and the habit of the jurisdiction in which real estate is located. In the case of personal property, it is determined by the law and the habit of the jurisdiction in which the lease is concluded. [Citation required] 1.2.2. The tenant is required to inform the lessor in advance of any desired changes or additions to the rented property and to obtain their written consent. The lessor undertakes to provide its written response within a reasonable time or up to an eight-week period. The tenant can only make the desired changes and additions after written authorization or judicial authorization. 2.2.4.

If, and to the extent that the tenant is in a position of deficiency in the timely and proper execution of his obligation to make the changes resulting from the preliminary examination report, within the reasonable time indicated in the report, but definitively before the date of the final inspection, the tenant has the right to make these changes at the cost of leasing. The lessor also has the right to have the tenant`s responsibility in the final review report for which the tenant is responsible, with the aim of returning the object to the state described in Section 2.3.1. Under these conditions, the tenant is liable to the lessor for damages resulting from the unavailable use or the rental of the rental object. A equipment lease has certain conditions that form the basis of the contract. Some of these conditions may be included: These general tenancy conditions may be invoked by landlords and tenants in connection with a tenancy agreement. This lease must have been entered into through floow2 International S.A. Luxembourg (FLOOW2) through an Odernone which was or was offered for rent by the owner. Both landlords and tenants have the right to exclude, adapt and complete this tenancy agreement through reciprocal exchanges and agreements. FLOOW2 is responsible to the lessor or tenant for the legal (possible) consequences arising from the use of these standard tenancy conditions during their mutual legal relationship or other commercial relationship.

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