How to draw up a lease agreement in Ukraine: a guide for Ukrainians and foreigners
Inhaltsübersicht
- What is a contract and why is it needed?
- How is the lease term determined?
- What are the main elements of a contract?
- Do I need to register a residential lease agreement?
- What documents do I need to prepare to enter into an agreement?
- What is a property transfer and acceptance certificate and why is it needed?
At the moment, many Ukrainians are forced to travel between cities. The transfer of foreigners to Ukraine has decreased since 2022, but remains stable for now. In order to reside legally, it is necessary to conclude a lease agreement. Find out about all the peculiarities of this process, including its legal basis and practical advice
What is a contract and why is it needed?
Advantages of concluding a contract
- the parties can control each other;
- the agreement is drawn up in writing, so everything can be covered;
- the parties can amend the agreement at will;
- unforeseen circumstances (force majeure) can be included in the agreement;
How is the lease term determined?
Short-term leases are for up to 12 months. Usually, a short-term lease is considered to be a lease for a few hours, a day or a few days. Hotels and hostels operate on this principle. In this case, you can make a reservation both online and directly at the rental location. It is worth noting that a short-term lease is not considered to be a lease that provides for the possibility of buying out the property.
Please note! In most cases, tenants and landlords seek the assistance of intermediaries who verify both parties, assist in concluding the agreement, monitor the lease process and compliance with the terms of the agreement.
What are the main elements of a contract?
The agreement is divided into several parts and has the following typical sections: parties to the agreement (the Lessee and the Lessor), subject matter of the agreement, rights and obligations of the parties, price of the agreement, penalties, terms of the agreement and additional terms.
The details of both parties should be included in a separate paragraph:
- Full name;
- Individual tax number (for individuals) or EDRPOU (for legal entities);
- Passport details;
- Registered address;
- Account number and name of the bank where the account is opened;
Do I need to register a residential lease agreement?
What documents do I need to prepare to enter into an agreement?
- Passport and identification code of the homeowner and tenant (for both parties);
- a foreign passport (for a foreign tenant);
- documents confirming the ownership of the property (for the Landlord);
- a certificate from the housing office listing all persons registered at the address (for the Landlord);
What is a property transfer and acceptance certificate and why is it needed?
Housing for Ukrainians is now becoming more affordable with the eOselya programme: in August, the Cabinet of Ministers of Ukraine made appropriate changes to the lending process. Read the details here.
Häufig
gestellte Fragen
What is an contract ?
Can a contract violate applicable law?
Why is it necessary to conclude an agreement?
How many copies of the agreement are signed?
What is a short-term lease?
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