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Law No. 1392 on the promotion of leasing.

Pays/Territoire
Géorgie
Type du document
Législation
Date
2002
Source
FAO, FAOLEX
Sujet
Terre et sols
Mot clé
Location Contrat/accord Classement/déclassement Enregistrement
Aire géographique
Asie, Mer Noire, Europe de l'Est, Europe, Europe et Asie Centrale, Asie Occidentale
Entry into force notes
This Law enters into force on the date of its official publication.
Résumé

The purpose of this law is to develop relations originated by lease contracts as envisaged in the civil code and to promote leasing. It envisages the following types of leases: (a) direct leasing, during which the lessor is the owner or producer of the leased property; (b) compensational leasing, in which the lessee makes lease payments in the form of in-kind contributions (goods, services, labor); (c) service leasing, where services are provided by the lessor in the form of management, insurance, warranty services, repair activities, etc.; and (d) pure leasing, one in which the lessor is not obligated to provide services in relation to the leased property. The lessor shall have the right to register the lease contract in the relevant public registry. Non-registry of a lease contract shall not affect its validity or enforceability. A lease is a separate right and, despite being attached to immovable or movable property, the lessor retains ownership over leased property until the lessee becomes an owner of the leased property under the contract.

Texte intégral
Anglais
Site web
www.tech.org.ge