Lessee’s rights and obligations
1. RIGHTS OF THE LESSEE Rights of the lessee: 1) To suspend rent payments; The lessee may suspend the payment of the rent in case the lessor fails to make the necessary repairs or to maintain the lessee in peaceful and adequate enjoyment of the property leased. (Article 1658, Ibid.) 2) To rescission and indemnification […]
Lessor’s rights and obligations
1. RIGHTS OF THE LESSOR Rights of the lessor: 1) To rescission and indemnification for damages; If the lessor or the lessee should not comply with the obligations set forth in Articles 1654 [lessor’s obligations] and 1657 [lessee’s obligations], the aggrieved party may ask for the rescission of the contract and indemnification for damages, or […]
Lease in general
Lease in general, Lease Law 1. IN GENERAL The contract of lease may be of things, or of work and service. (Article 1642, Civil Code) a. Things ⦁ Definite period; Indefinite period – subject to 99-year lease limitation. In the lease of things, one of the parties binds himself to give to another the enjoyment […]