Contract for free use of real estate
This contracts outlines the conditions under which the owner lends a property temporarily to another person, for the purpose of using it, without any payment or financial compensation in return.
Description of the property: the detailed description of the real estate that is the subject of the contract.
Duration of use: start and end dates of the period for which the use is granted.
Purpose of use: specification of the purpose for which the property will be used by the borrower.
Responsibilities: description of the responsibilities of the parties, such as maintaining the property in proper condition.
Condition of the property: the condition in which the property is handed over to the lessee and the condition in which it is to be returned.
Special clauses: any specific clauses or additional conditions, such as subleasing restrictions or permitted changes to the property.
Liability and indemnification: clarifications regarding the lessee's responsibility for damages or losses related to the property during the loan period.
Use this free loan agreement for use of condos and other types of premises without paying any lease. Docs & Deeds provides a templat free use loan agreement containg all necessary provisions.