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Lexiel/Glossary/Residential lease
Legal definition
Civil law

Residential lease

Contract by which the landlord grants the use of a dwelling to the tenant in exchange for periodic rent. Minimum duration: 5 years (natural person) or 7 years (legal entity). 3-year tacit extension. Rent may only be updated according to CPI or reference index.

Ley 29/1994 de Arrendamientos Urbanos (LAU)

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Residential lease: Legal definition | Lexiel Glossary