Развитие сотрудничества в области туризма между странами


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Topic 7. Ijara Contract IF


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    • Ijarat ul-amal

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    • Ijarat ul-manafa

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Ijarat ul-amal reflects the provision of services for an agreed fee
Ijarat ul-manafa represents the provision of useful properties of the object at an agreed price.
Lease agreement with subsequent transfer of ownership is called Ijara wal-iqtina.

An Ijara contract requires that both the lessor and the lessee have rights and obligations.

  • An Ijara contract requires that both the lessor and the lessee have rights and obligations.
  • The lessor assumes all risks related to the leased property during the entire term of the Ijara.
  • He must also cover the costs associated with securing the right to use the leased object.
  • In case of late payment of rent, the lessor has the right to take back the leased property or extend the period of payments to the lessee.

The lessor may also terminate the lease in the event of serious damage to the property by the lessee or if the lessee uses the leased property for illegal purposes.
A rental agreement can be concluded with several tenants at once for different periods of time.

The responsibilities of lessee in Ijara Contract

  • It is the responsibility of the lessee to take measures for the purposeful use of the property and to protect it from damage.
  • The lessee is obliged to pay the rent from the time when the leased object is allowed to be used.
  • In the case of damage to the property caused by the fault of the lessee, he covers the costs of repairs, but is not obliged to pay rent while the property is under repair.
  • After the creation of the contract, the lessee has the right to cancel the lease contract in the event that the lessor refuses to eliminate the defects identified in the leased property.
  • With the consent of the owner of the leased property, the lessee may sublease it.

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