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Greek Business Leases

Greek leasing agreements are binding legal contracts that set out the terms and conditions of the tenancy agreement between the landlord and tenant. They define the rights and duties of each party, as well as certain aspects of the relationship between them. Greek Law provides the basic principles of the lease agreements, while there are a number of laws which regulate specific types of leases, such as the business lease. Lease contracts should be drafted by Greek Lawyers in order to get the maximum protection for their client.

Greek business leases are rental agreements concerning properties that will be used by the tenant for the practice of his professional occupation. Greek law provides to such lease agreements additional regulation.

The stipulation of the Greek business lease agreement is effected through the execution of a document by virtue of which the terms of the lease are agreed or even through an oral agreement between the parties. In cases of leases of Greek real estate properties, it is provided by law that the lease agreement should be executed under the form of a private agreement and then submitted to the Greek Tax Authority.

Duration, termination, terms of the agreement and rents of Greek business leases as well as their readjustments may be regulated from time to time by additional specific laws.

All the above procedures for the protection of your property in Greece, can be accomplished through a limited Power of Attorney to a specialised Greek Lawyer.

June 2020