Consulting on the rights and obligations of housing lessees in Long Phan

The rights and obligations of housing lessees not only help protect the interests of tenants but also create a safe and transparent environment for transactions. Understanding benefits such as the right to use and repair, as well as obligations like paying on time and preserving assets, will help lessees better prepare for life in their new homes. The following article will provide details about the rights and obligations of housing lessees.

What is a housing lease purchase contract?

Lease-purchase of housing means the tenant pays in advance to the lessor a certain percentage of the rental-purchase housing value as agreed, but not more than 50% of the value of the housing lease-purchase contract; The remaining amount is calculated as rent to be paid monthly to the lessor-purchaser within a certain period agreed upon by the parties; After the lease-purchase term expires and the remaining amount has been paid, the lessee has the right to own the house.

A housing lease purchase contract is a legal document signed between the lessor and the lessee. According to the provisions of Article 163 of the Law on Housing 2023, this is an agreement that the lessee will pay periodically to use the house. This contract clearly stipulates the lease-purchase terms and conditions for transferring housing ownership.

Elements constituting a housing lease purchase contract:

• Information about the parties to the contract
• Characteristics of lease-purchase housing
• Contract value and payment method
• Lease purchase terms and conditions for transferring ownership
• Rights and obligations of the parties.

Advantages of housing lease purchase contracts

The form of renting and purchasing housing brings many practical benefits to the parties involved. The lessee can own the house without paying the full value from the beginning. This is a suitable solution for people who have a stable income but are not qualified to buy a house outright.

Specific benefits:

• Flexible periodic payments: Tenants can choose a monthly or quarterly payment schedule, helping them easily adjust their budget without having to spend a large amount of money from the beginning.
• The right to use the house immediately during the lease-purchase period: Tenants have the right to live and use the house immediately after signing the contract, helping them quickly stabilize their lives without having to wait until the purchase is completed.
• Guarantee of rights according to the law: The terms in the lease purchase contract are clearly stipulated and protected by law, ensuring the rights of the lessee, such as the right to repair, maintenance, and the right to be informed in advance of any changes.
• Reduce initial financial pressure: Instead of having to pay the entire home purchase price at once, the lessee only needs to pay a portion, which gives them more time to accumulate finances and manage expenses and other activities.
• Can own a house after completing payment obligations: After completing all payments according to the contract, the lessee will become the legal owner of the house, turning the dream of a warm home into reality.

Rights and obligations of the housing lessee

According to the provisions of Article 175 of the Law on Housing 2023, the lessor-purchaser of housing has specifically prescribed rights and obligations. Correct implementation of these rights and obligations will ensure the legitimate interests of the parties. These regulations create a legal framework for housing lease-purchase transactions. Specifically, the rights and obligations of the housing lessee are stipulated as follows:

Rights of the lessee:

• Receive house handover and related documents: The lessee receives the house with legal documents, clearly determining ownership.
• Use the house according to the agreement: The tenant can use the house according to the agreed terms, including repair and renovation.
• Transfer of lease purchase contract: The lessee has the right to transfer the contract to a third party when necessary.
• Receive ownership after fulfilling all obligations: After completing the payment obligation, the lessee will be issued a certificate of housing ownership.

Obligations of the hire purchaser:

• Payment on time as agreed: The lessee must fulfill the payment obligation on time and in the amount agreed in the contract.
• Use the house for the right purpose: Tenants need to use the house for the agreed purpose, avoiding activities that violate the law.
• Preserving and maintaining the house: The lessee is responsible for preserving and maintaining the condition of the house, making minor repairs if necessary.
• Compliance with regulations on housing use management: The lessee must comply with legal regulations and management regulations related to housing use.

Consulting services on Rights and obligations of housing lessees in Long Phan

Scope of consulting services

Long Phan provides comprehensive consulting services on the rights and obligations of housing lessees. With expertise and experience in the field of real estate. Consulting services are carried out according to a professional process.

Services Long Phan provides include:

• Consulting on drafting lease-purchase contracts: Supporting the lessee-purchaser and the lessor-purchaser in drawing up detailed, clear contracts, ensuring the rights and obligations of both parties.
• Review legal documents: Check relevant legal documents to ensure the legality and completeness of documents before the transaction.
• Instructions for notarization and registration procedures: Detailed instructions on the steps to take to notarize contracts and register housing ownership.
• Resolving arising disputes: Providing legal advice and support in case of disputes between the lessee and the lessor, helping to find a reasonable solution.
• Consulting on taxes and financial obligations: Providing information on taxes and financial obligations that the lessee needs to fulfill during the housing rental process.

Benefits of using in-depth consulting services

Using Long Phan’s consulting services helps customers clearly understand their rights and legal responsibilities. A team of experts will assist in handling problems that arise during the rental or lease purchase process. Consulting services help lease-purchase transactions be carried out safely and effectively.

Benefits:

• Protecting legal rights: Ensuring that the legal rights of the lessee and the lessor are fully protected according to the law.
• Minimize legal risks: Helps identify and minimize legal risks that may arise during the lease-purchase process.
• Save time and costs: Optimize the process, helping parties save time and costs related to carrying out transactions.
• Professional support: Receive support from a team of experienced experts, dedicated and accurate advice.
• Safe lease-purchase transactions: Support all transactions to be carried out safely and transparently, protecting the rights of both parties.
• There is the most optimal solution when a dispute occurs.

Long Phan is committed to providing professional consulting services on the rights and obligations of housing lessees. Customers who need detailed advice on legal issues related to housing rental and purchase, please contact Long Phan via the hotline: 0906735386 for support. Long Phan’s team of experts will accompany you throughout the process of implementing the housing lease purchase transaction.