Financial Leasing Law

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Financial leasing is a financing method that gives the lessee the right to use a property for periods determined by the lessor, at a price determined by the lessor company holding the property.The feature that makes this system used in many countries different is that the legal owner of the property and the economic owner are different institutions or individuals.During the contract with the lessee, the real control of the leased property belongs to the rental company, and the right of use belongs to the lessee.

 For profit companies may prefer to rent the product or property they use instead of buying them when they need it. For this, financial leasing becomes a necessity.Various procedures and arrangements are required for a financial leasing transaction to take place.These steps aim to prevent any violation of rights by guaranteeing the rights and obligations of the parties.

 Rental Agreement is the name of the agreement regarding the transfer of ownership of real estate, which provides that the owner of the property or property gives the right of use to the lessee in return for rent.Although many property groups and immovable properties are subject to this agreement, it is clearly stated in the legal regulations that commercial rights such as trademarks and patents cannot be subject to financial leasing, except for copies of computer software.

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