Rent a minimum of 3 YEARS! - News about real estate, Kiev, Kyiv region. Real Estate In Ukraine

Rent a minimum of 3 YEARS! - News about real estate, Kiev, Kyiv region. Real Estate In UkraineThe minimum term of the contract of lease of state and communal property can increase...Minimum term of rent of state property will be extended to 3 yearsThe minimum term of the contract of lease of state and communal property can increase up to 3 years. The relevant draft law "On amendments and additions to article 17 of the Law of Ukraine "On lease of state and communal property" N3454 of 9 December was submitted today for consideration by the relevant Committee of the Parliament.According to the current legislation of Ukraine, the term of the lease of state and communal property shall be determined by agreement of the parties. "However, in practice there is a situation that the authorities who make the decision on granting in rent of objects of state or communal property, insist on one-year term of the contract", - stated in the explanatory note to the bill.According to the authors of the bill, the lease of state and communal property for a period of only one year is not conducive to the stability of activity of the tenant because he, for signing a new lease, annually forced to undergo the long procedure of collecting the necessary documents and permits. "This, in turn, contributes to the spread of corruption in government who make the decision on lease of state and municipal property", - say the authors of the initiative.It is therefore proposed that, by analogy with paragraph 2, section 2 of the presidential Decree "On liberalization of entrepreneurial activity and state support of entrepreneurship" and the order of the State property Fund of Ukraine "On establishing the minimum term of the contracts of lease of state property" N1821 from 29.06.2005 g.



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