Rental/Lease Agreement/Contract

An owner lets over his/her property, its utilization to another person.

This is what we call a lease. The lease can last for a defined or an indefinite period of time. In the first case, the lease is automatically terminated at the end of the defined rental period, while in the second case, the lease can be terminated through a notice.

Besides of this, the lease can be terminated through common decision anytime.