Lease Agreements
$500 $565 IVAI
Preparation of lease agreements of all kinds, including commercial premises, housing, warehouses, etc., either as a Lessor or as a Lessee.
Estimated Delivery Time / 1-3 days (depending on the subject matter and complexity of the transaction)
Link to upload information
https://forms.office.com/r/xfqkhThSVs
Why are Lease Agreements important?
Lease Agreements are important because they establish the terms and conditions under which the relationship between the lessor and the lessee will be carried out; for although the General Law of Urban and Suburban Leases, Law No. 7527 is of public order and regulates certain tenancy relationships, many of the day-to-day assumptions of lease relationships are not fully contemplated, or are left to the agreement of the parties. These contracts are fundamental to protect the rights and obligations of both parties, as well as to avoid possible conflicts or misunderstandings in the future.
Do you need a Lease Agreement?
When a client requires a Lease Agreement, it is because they need to formalize a rental agreement for a property quickly and simply. This service is ideal for those clients who wish to regulate their contractual relationship securely, as PredictaBill offers the necessary drafting and legal advice to ensure that the agreement complies with all laws and regulations in force in Costa Rica. Likewise, PredictaBill has an experienced professional team that foresees day-to-day situations of leasing relationships that are not expressly regulated by the applicable laws, providing security and peace of mind to both the lessor and the lessee.
Why PredictaBill?
Fast and accurate legal procedures
Streamline legal processes by drafting contracts and documents accurately, saving time and avoiding issues.
Alternative to hourly billing
Fixed rate regardless of product/service
Efficiency in notarial processes
Save time and effort by more efficiently drafting documents for notarial procedures
Essential Documents
- Purpose of the agreement
- Parties
- Company name
- Corporate ID
- Address and place to serve notifications (physical address and email)
- Representative and personal information
- Name
- Civil status
- Profession / Occupation
- ID number
- Address and place to serve notifications (physical address or email)
- Amount to lend
- Regular interest rate
- Annual default interest rate
- Collateral (if applicable)
- Term
- Prepayment penalty
- Way principal will be paid
- Place of principal payment
- Way interest will be paid
- Place where interest will be paid
- Additional comments related to the negotiation
- Who pays the tax stamp?
Terms and conditions
The price indicated here has been estimated assuming that the requested document will be delivered in digital format, or that you will pick up the physical version at the PredictaBill offices. Alternatively, you can request that the document be sent to the location you specify, by courier or Costa Rica postal service, in which case the costs and delivery times that will be indicated at the time of processing the payment for the service will apply
FAQ
1. What is a Lease Agreement?
A Lease Agreement is a legal agreement between the owner of a property and the lessee, in which the conditions and terms of the rental of the property are established. Unlike a public contract, this type of contract does not require the intervention of a Public Notary.
2. Is a Lease Agreement valid in Costa Rica?
Yes, Lease Agreements are valid and legally recognized in Costa Rica. However, they must comply with the legal requirements established in the Civil Code and be signed by both parties.
3. What are the essential elements that a Lease Agreement must contain?
A Lease Agreement must include basic information such as the identification of the lessor and lessee, the description of the property, the term of the lease, the amount of the rent, and the form of payment, as well as the obligations and responsibilities of both parties.
4. What happens if one of the parties breaches the Lease Agreement?
In the event of a breach of the Lease Agreement, the affected party may resort to legal action to enforce the obligations outlined in the agreement. This may include the payment of damages, the rescission of the agreement, or any other measure established by the legislation in force in Costa Rica.
5. Is it advisable to seek legal advice when drafting a Lease Agreement?
Yes, it is highly advisable to seek legal advice when drafting a Lease Agreement. A lawyer specialized in contract law, such as the members of the PredictaBill team can help ensure that the contract complies with all applicable laws and regulations, and can provide guidance on the most favorable terms and conditions for the parties involved, as the team has vast experience in various industries that allows them to foresee ordinary or extraordinary situations in business relationships.