Loan "for use"

Συμβολαιογραφικές & Νομικές Υπηρεσίες

 

Loan \"for use\" is the contract under which the property owner undertakes the obligation to concede the use thereof for a definite period of time to a third party, without receiving any consideration.

If the loan was defined for an indefinite term, the loan contract is dissolved by termination of the property owner or in favour of the party to whom the use was conceded.

The loan is dissolved, at any rate, upon the death of the party in favour of whom the use was conceded.