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Contracts Of Lease

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Chapter Summary

This chapter contains 22 articles on contracts of lease some of the articles are definition of contracts of lease, content of contracts of lease, limitation to the period for contracts of lease, formal requirement of contracts for lease, lessor's duty to deliver the leased property and keep it, lessee's special legal right to terminate, Lessee's obligation to pay rent, lessee's obligation to use the leased property in conformity with the agreed method and implied renewal of the contract of lease. The term of a lease may not exceed 20 years; if the term exceeds 20 years, the excess part shall be invalid. The lessor shall deliver the leased property to the lessee as agreed, and keep it fit for use in conformity with the terms of the contract during the term of the lease.

Keywords: contracts of lease; lessor's duty



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