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Exercise 1 – LEASE – NAJEM (level: Upper-intermediate) transkrypt

Fill in the gaps in the text below with the following words:

leased thing, lessor, indeterminate, prudent, wear and tear, lessee, movables, lease, accordance,
sublessee x 2, exercises, rent, immovable, indebted, extend, predial, stipulated, fixed

************ is a (...) contract by which one party, the ************, binds himself to give to the other party, the ************, the use and enjoyment of a thing for a term in exchange for a ************ that the lessee binds himself to pay.

Depending on the agreed use of the ************, a lease is characterized as: residential, when the thing is to be occupied as a dwelling; agricultural, when the thing is a ************ estate that is to be used for agricultural purposes.

The lease shall be for a term. The term may be ************ or ************.

The lessee is bound:

(1)  To pay the rent in accordance with the agreed terms;

(2)  To use the thing as a ************ administrator and in ************ with the purpose for which it was leased; and

(3)  To return the thing at the end of the lease in a condition that is the same as it was when the thing was delivered to him, except for normal ************ or as otherwise provided hereafter.

To secure the payment of rent and other obligations arising from the lease of an ************, the lessor has a privilege on the lessee's ************ that are found in or upon the leased property.

The lessor's privilege extends to the movables of the ************ but only to the extent that the ************ is ************ to his sublessor at the time the lessor ************ his right.

If the lease contract contains an option to ************ the term and the option is exercised, the lease continues for the term and under the other provisions ************ in the option.

The above text is an excerpt from the Louisiana Civil Code, Articles 2268-2725.


ANSWERS:


Lease is a (...) contract by which one party, the lessor, binds himself to give to the other party, the lessee, the use and enjoyment of a thing for a term in exchange for a rent that the lessee binds himself to pay.

Depending on the agreed use of the leased thing, a lease is characterized as: residential, when the thing is to be occupied as a dwelling; agricultural, when the thing is a predial estate that is to be used for agricultural purposes.

The lease shall be for a term. The term may be fixed or indeterminate.

The lessee is bound:

(1)  To pay the rent in accordance with the agreed terms;

(2)  To use the thing as a prudent administrator and in accordance with the purpose for which it was leased; and

(3)  To return the thing at the end of the lease in a condition that is the same as it was when the thing was delivered to him, except for normal wear and tear or as otherwise provided hereafter.

To secure the payment of rent and other obligations arising from the lease of an immovable, the lessor has a privilege on the lessee's movables that are found in or upon the leased property.

The lessor's privilege extends to the movables of the sublessee but only to the extent that the sublessee is indebted to his sublessor at the time the lessor exercises his right.

If the lease contract contains an option to extend the term and the option is exercised, the lease continues for the term and under the other provisions stipulated in the option.