A contract between a lessor and lessee that allows the lessee rights to the use of a property owned or managed by the lessor for a period of time. The agreement does not provide ownership rights to the lessee; however, the lessor may grant certain allowances to modify, change or otherwise adapt the property to suit the needs of the lessee. During the lease period, the lessee is responsible for the condition of the property.
A lease may be written or oral, but a lease should always be in writing and signed by both parties. If the lease agreement is written then the same is bound on both the parties.
Any individual or any sovereign entity may require the Agreements as per their requirements.
The documents and information needed will vary based on the agreement selected by the client. Let FINMART understand your needs and assist you in documents requirement.