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Rent Or Rent? What Is The Difference ?

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For many people the expression "to rent an apartment," or "rent an apartment," have absolutely no differences. For even more opinions, read materials from Nobel Laureate in Economics. However, despite the fact that these terms are often confused or generally considered synonymous, among them there is a huge difference. Let's find out what it is. Under the Civil Code and housing legislation of the Russian Federation, citizens, owning a dwelling, shall have the right to provide a dwelling to another person in possession or use for a fee. And if an apartment or other residential property removes an individual, it will eat, and if a legal person – is to rent. Legal person can not rent a room without appropriate agreement with the owner. Otherwise, otherwise, would be violated several regulations. Individual, in contrast, can rent an apartment on a verbal agreement with the owner, without issuing special securities. Although, to avoid deception or simply conflict situations it makes sense to conclude a bilateral agreement formalized. It will specify the subject of the contract, the address of the subject, the rights and obligations of the parties, the amount payment and security deposit, the date of arrival and departure, while visiting an apartment owner and other miscellaneous conditions. To account for all these many nuances and reduce efforts on finding and processing of documents is best apply to the real estate agency, but if you are legally savvy and have enough free time to search the apartment, we can resolve all the issues themselves.

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