In the first place, lease of state-owned/municipal property plays a very important role in support and development of small and medium-sized businesses since their representatives mostly do not need to purchase such property, or it is absolutely unprofitable to purchase it. However, the level of interest of potential lessees in the state-owned/municipal property is quite high.
When they lease their facilities from the state or the community, users of such property can engage necessary resources for their activities during a specific period and spend the amounts they find comfortable, thus filling the local and state budgets and keeping the leased property in the running order by restoring or repairing them.
The procedure for leasing the state-owned/municipal property is not that simple since it includes a great number of organisational and legal actions to be taken properly and on time so that the property will be received for use, and the lease contract will be signed in the end.
Moreover, the legal relations in this area have the specific subjects, which generally include several governmental or local authorities empowered to approve and transfer the facilities for lease, which in its turn confirms complexity of the process to obtain the state-owned/municipal property for use.
It must be noted that efficiency of fund raising, improvement of the financial situation at the local level and social and economic conditions in our country depend on development of the state-owned/municipal property lease to a large extent.
In Real Estate and Construction field
Winner in the Construction and Real Estate category
According to the Ukrainian Real Estate Club
5th place in Real Estate Practice category
5th place in Land Law category
“In the seven years of our cooperation, I have never regretted choosing this company as a legal advisor. During the whole period of stormy trials that befell us, the team at Totum has always effectively defended our interests, both in conflicts with law enforcement agencies and in attempts to raid our business.”
“The rapid development of our business has necessitated the expansion of our capacities. Totum’s team of legal advisers professionally provides us with legal support for these processes.”
“An experienced team of professionals and masters of their craft. More than once they helped us resolve land issues, including extending the term of land lease agreements, conducting division procedures, allocating land plots, preparing the necessary documents for concluding agreements and protecting the company’s interests in court.”
“Kovalska Industrial and Construction Group would like to express its respect and sincere gratitude for many years of fruitful cooperation, when the experts of TOTUM Law Firm have established themselves as a team of top professionals ready to provide quality and professional legal support in the most difficult issues.”
“We would like to express our sincere gratitude personally to the partners and lawyers practising Land and Agrarian Law for conducting thorough and highly professional analytical work on the possibility of expanding the airport.”