12 Apr Standard Rental Agreement Iraq
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This clause is self-effective and no other instrument of subordination is necessary for this clause to become effective. The tenant undertakes to perform, within ten (10) days following an application, all appropriate instruments required in writing by the lessor or lender in order to subordinate the rights of the tenant acquired by the tenancy agreement in accordance with this clause. 39. Transfer by owner. The term “lessor” refers only to the administrator of the building and parcel and, in the event of a transfer of his share in the building or parcel by that owner, the owner is released for the duration of that lease and his successors and beneficiaries of assignment for the duration of that lease and released from all obligations and obligations of the lessor. 40. Owner Link. The lessor has at all times a right of guarantee valid for all rents and other sums of money due by the tenant under the rental agreement, subject to any right of guarantee or interest in security to third parties from time to time, on all the tenant`s property, property, equipment, devices, furniture and other personal items that are on and on the premises and are issued after notification of a delay by the landlord, this property cannot be removed from the premises without the landlord`s consent, until all rent arrears and all other amounts of money that accrue to the landlord under the lease have not been paid and discharged in the first place.