Things you should know before concluding contract for lease kết quả bóng đá trực tiếp a vehicle in Vietnam

Hello, Lawnet would like to answer the following:

1. What is contract for lease kết quả bóng đá trực tiếp a vehicle?

According to Article 472 kết quả bóng đá trực tiếp thetrực tiếp bóng đá, contract for lease kết quả bóng đá trực tiếp property means an agreement between parties whereby a lessor delivers property to a lessee for use during a fixed term and the lessee is required to pay rent.

It can be seen that a car is an asset, so a contract for lease kết quả bóng đá trực tiếp a vehicle is also considered a property lease contract. Thus, the lessor delivers the vehicle to the lessee for use within a certain period kết quả bóng đá trực tiếp time, and at the same time, the lessor must pay the rental according to the agreed rental price.

2. Mandatory contents kết quả bóng đá trực tiếp the contract for lease kết quả bóng đá trực tiếp a vehicle in Vietnam

According to Clause 2, Article 398 kết quả bóng đá trực tiếp thetrực tiếp bóng đá, contents kết quả bóng đá trực tiếp the contract include:

- The contracting parties may agree on the contents kết quả bóng đá trực tiếp a contract.

- A contract may have the following contents:

+ Subject matter kết quả bóng đá trực tiếp the contract;

+ Quantity and quality;

+ Price and method kết quả bóng đá trực tiếp payment;

+ Time limit, place and method kết quả bóng đá trực tiếp performing the contract;

+ Rights and obligations kết quả bóng đá trực tiếp the parties;

+ Liability for breach kết quả bóng đá trực tiếp contract;

+ Methods kết quả bóng đá trực tiếp settlement kết quả bóng đá trực tiếp disputes.

Thus, the contract for lease kết quả bóng đá trực tiếp a vehicle also has the same basic contents as above.

3. Things you should know before concluding contract for lease kết quả bóng đá trực tiếp a vehicle in Vietnam

According to Section 5, subsection 1 kết quả bóng đá trực tiếp thetrực tiếp bóng đá, things to keep in mind when concluding contract for lease kết quả bóng đá trực tiếp a vehicle in Vietnam include:

- Regarding rent

+ Rent for a lease kết quả bóng đá trực tiếp property shall be as agreed by the parties or determined by a third party at the request kết quả bóng đá trực tiếp the parties, unless otherwise prescribed by law.

+ Where parties reach no agreement or reach an agreement with unclear terms about the rent, it shall be determined according to the market price at the time and place kết quả bóng đá trực tiếp entering into the contract.

- Regarding lease term

+ The term kết quả bóng đá trực tiếp a lease shall be as agreed by the parties. If there is no agreement, the term kết quả bóng đá trực tiếp the lease shall be determined according to the purpose kết quả bóng đá trực tiếp the lease.

+ Where parties have not agreed on the term kết quả bóng đá trực tiếp a lease or where the term kết quả bóng đá trực tiếp a lease is not able to be determined according to the purpose kết quả bóng đá trực tiếp the lease, the lease shall terminate when the lessee has achieved the purpose kết quả bóng đá trực tiếp the lease.

- Regarding sub-leases

+ A lessee may sub-lease leased property with the consent kết quả bóng đá trực tiếp the lessor.

- Regarding delivery kết quả bóng đá trực tiếp leased property

+ A lessor must deliver property to the lessee strictly in accordance with the agreed quantity, quality, type and condition and at the agreed place and time, and must provide information necessary for use kết quả bóng đá trực tiếp the property.

+ Where a lessor is late in delivering property, the lessee may extend the time for the delivery kết quả bóng đá trực tiếp the property or may cancel the contract and demand compensation for damage. If the leased property is not kết quả bóng đá trực tiếp the quality agreed, the lessee has the right to require the lessor to repair the property or reduce the rent, or to cancel the contract and demand compensation for damage.

- Regarding payment kết quả bóng đá trực tiếp rent

+ A lessee must pay rent in full and on time as agreed.

++ If there is no agreement on the time for payment kết quả bóng đá trực tiếp rent, the time shall be determined in accordance with the customary practice at the place kết quả bóng đá trực tiếp payment.

++ If it is not possible to determine the time kết quả bóng đá trực tiếp payment in accordance with such customary practice, the lessee must make payment when the lessee returns the leased property.

+ Where the parties have agreed on payment kết quả bóng đá trực tiếp rent in instalments, if the lessee fails to make payment for three consecutive instalments, the lessor has the right to terminate unilaterally the performance kết quả bóng đá trực tiếp the lease contract, unless otherwise agreed or otherwise provided by law.

- Regarding return kết quả bóng đá trực tiếp leased property

+ A lessee must return leased property in the same condition in which it was received, normal wear and tear excepted, or in the condition agreed. If the value kết quả bóng đá trực tiếp the leased property has decreased in comparison with its condition at the time it was received, the lessor has the right to demand compensation for any damage, normal wear and tear excepted.

+ Where leased property is moveable property, the place for returning the leased property shall be the place kết quả bóng đá trực tiếp residence or head office kết quả bóng đá trực tiếp the lessor, unless otherwise agreed.

+ Where leased property is livestock, the lessee must return both the leased livestock and any offspring born during the term kết quả bóng đá trực tiếp the lease, unless otherwise agreed. The lessor must reimburse the lessee for expenses incurred in caring for the offspring.

+ Where a lessee is late in returning leased property, the lessor has the right to require the lessee to return the leased property and to pay rent for the period kết quả bóng đá trực tiếp delay and the lessee must compensate for damage. The lessee must pay a penalty for the late return kết quả bóng đá trực tiếp the leased property if so agreed.

+ The lessee must bear the risk in relation to the leased property during the period kết quả bóng đá trực tiếp delay.

In addition, there are other basic obligations kết quả bóng đá trực tiếp the lessee with respect to the leased asset, including: Obligation to assure utility value kết quả bóng đá trực tiếp leased property; Obligation to take care kết quả bóng đá trực tiếp leased property; the obligation to use the leased property for the right use and for the purpose kết quả bóng đá trực tiếp the lease;

From the above provisions, if during the leasing period, the lessee does not take good care kết quả bóng đá trực tiếp the car, causing damage or accidents, etc., they have to compensate for the damage.

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