Legal aspects of drawing up a real estate lease agreement

Renting real estate—an apartment, house, or commercial space—requires competent legal documentation. An incorrectly drafted or incomplete contract can result in serious financial losses, conflicts, and legal disputes.

That is why it is important to know the basic legal aspects of drawing up a rental agreement, especially if you plan to rent real estate in Kyiv or another city in Ukraine.

🖋️ The main elements of a proper rental agreement:

Parties to the agreement

• The full details of the lessor and lessee are indicated: full name, passport details, identification codes. If a representative is acting on behalf of the parties, a power of attorney must be attached.
• Description of the leased property
• The address, area, technical condition of the property, availability of furniture, equipment, etc. are clearly indicated. Ideally, a property transfer certificate with a detailed description should be drawn up.

Amount and method of payment

• The agreement must contain:\n- the amount of rent;\n- payment terms;\n- the procedure for making a deposit (security deposit);\n- liability for late payment.
• Term of the agreement
• The lease can be short-term or long-term. The start and end dates of the contract, the conditions for its renewal or early termination must be specified.
• Obligations and rights of the parties
• Who is responsible for repairs, utility payments, and property insurance? All these details must be specified in the agreement.
• Terms of early termination of the agreement
• It is worth specifying the conditions under which the lessor or lessee may terminate the agreement, the notice period, and possible penalties.
• Notarization of the agreement
• Under Ukrainian law, notarization is mandatory for lease agreements with a term of more than three years or if otherwise provided by law or the wishes of the parties.

🛡️ Why is it important to involve a lawyer?

A professional lawyer will help you:

• draft a lease agreement correctly;
• verify the landlord’s ownership rights;
• if necessary, arrange an online appointment with a notary;
• minimize the risk of future disputes.

Signing an agreement without consulting a lawyer often leads to the loss of a deposit, forced eviction, or financial losses.

The team of specialists at the real estate and inheritance law firm KUPCOVA (LLC KUPCOVA) offers comprehensive legal support for real estate rentals: from analyzing the property to drawing up a lease agreement in accordance with the highest legal standards.

Rent real estate with confidence — with the support of experienced lawyers!