Arendator is a term used in Russian law to refer to a tenant or lessee, particularly in the context of real estate or property rental. It is used to describe an individual or entity that has entered into a rental agreement with a landlord or property owner for the use of a specific property or space in exchange for payment of rent.
Arendator is a legal term that refers to a person or entity who leases or rents property from a landlord. The term is commonly used in Russian law to describe the tenant or lessee. The rights and obligations of the arendator are typically outlined in a lease agreement, which specifies the terms of the lease, including the duration, rent amount, and any other conditions agreed upon by both parties. The arendator is responsible for paying rent on time, maintaining the property in good condition, and complying with any other terms specified in the lease agreement. In case of any disputes or breaches of the lease agreement, legal remedies may be sought by either party.
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This glossary post was last updated: 29th March 2024.
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