TERMINATION OF THE CONTRACT AND RENTAL RENTAL RIGHTS

To date, the issue of land lease termination remains a pressing issue among landowners and land users. The procedure and grounds for termination of the land lease agreement shall be governed by the LLL. The law sets a maximum lease term for non-agricultural land in 50 years.

A minimum lease term of 7 years is also set for agricultural areas. The termination of the lease provides for two options: 1. The lease may be terminated with the consent of the parties. 2. At the request of one of the parties, the lease may be terminated early by a court decision in the manner prescribed by law. In the first case (with the consent of the parties) it is necessary to: conclude an additional agreement to the lease, in which to provide for termination of the contract from a certain date and the obligation on one of the parties (usually the lessee) to carry out state registration of termination of the lease. If the contract is terminated before the end of the period for which the rent is paid (usually this year), it is also advisable to prescribe the procedure and term of payment of the rent for the actual lease period; Necessarily, if the parties have agreed and concluded an additional agreement to terminate the lease, you must contact the subject of state registration to terminate the state registration of the lease.