Pursuant to Article 5:20 of the Civil Code, ownership of the land includes, among other things, the buildings and works that are permanently attached to the land and, as a result, the landowner also owns the buildings on the land. The lessee has a right of use on the building of which the lessee is the economic owner. The lease rights cannot be transferred or sold to third parties without the permission of the landowner or his legal representative, in which case the lessee owes a fine equal to 10% of the selling price.
The current annual rent is ANG 1.000,- per 100m2. Discounts may be applied for registered lessees that meet predetermined criteria. The rent can be increased once per year by the landowner without the intervention or approval of the lessee according to the standards of reasonableness and fairness.
In case of default, the lessee owes 10% interest and 20% collection costs from the moment the rent arrears have arisen. Furthermore, the rent of a certain year must be paid in the preceding year. All taxes relating to or related to the rented property are borne by the lessee, including the property tax. All costs arising from or in connection with judicial or extrajudicial collection of rent due as well as costs in connection with the non-compliance with this agreement will be borne by the lessee.
It is not permitted to use the land for commercial purposes, including subletting, or industrial purposes, including digging wells, unless explicit permission has been granted. It is not permitted to start construction work without the permission of the landowner and without the necessary permits.
It is not permitted to place end-of-life vehicles or other objects on the premises, endangering the environment or promoting a hotbed for pests. The lessee is obliged to make the necessary provisions and have these objects removed upon first summons of the landowner. All maintenance and repair work and all costs of use as well as the possible presence of contaminated materials is at the expense and risk of the lessee.
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