Sunday, August 12, 2007

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my exhibition on Lease and financial leasing. The stock market



Leases can be defined as an agreement or covenant by which a part called landlord letting property granted to another tenant called party, the latter undertakes to pay a fee or amount of money for the good or thing .

The Venezuelan civil code establishes the Rights and obligations of both landlord and tenant for the leasing of homes and agricultural property. An example of these obligations is that the landlord must deliver the thing or property in excellent condition and under conditions agreed with the tenant. The tenant is obligated to pay the stipulated time period of the rent for the lease of the thing.

It is also important to note that on a lease can be in turn another lease which is defined as a sublease, in this type of contract is the tenant who is leasing the property or thing.

Lease Term

The landlord may require the contract term
for nonpayment of rent.
For the thing used in contravention of the Agreed Usage.
For serious damage to the leased item attributable to the tenant.
By varying the shape of the thing leased without the landlord's consent.

The tenant may require the contract term
where contravention of the landlord's obligation to deliver to the lessee the leased property in good condition.
For total or partial loss of the leased property (eviction, partial or total impairment of the use of the leased property).
for the existence of defects in the leased hidden.



Leasing Leasing or

that consists of property lease where the lessor (company Leasing) acquires a lease for the use and enjoyment, for a contractually specified time period (usually coincides with the life of the asset). The tenant in exchange is obliged to pay a periodic amount (constant or variable enough to cover the purchase price of the good and the charges applicable).





Once the lease, the tenant has three options:
* exercise the option to purchase the property for the residual value (difference between the price of his initial adquisicón the lessor plus interest and costs, and amounts paid by the lessee).
* not to exercise the purchase option and therefore return the property.
* extend the lease, the payment of regular sums minors.


Variations
Leasing Leasing capitalized. Pure Leasing U
operational.
Sale and Lease Back.

Nature Juridica

is of great importance that the lease of a civil nature as rental homes and agricultural property have their civil code legal foundation of our country. For its part financial leases are commercial transactions, but specifically not find anything about them in the Commercial Code is the law that regulates commercial contracts as well there are special laws like the law of banks and other financial institutions.

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