Laenuõigused

Laenuõigused, often translated as loan rights or rights of a lender, refers to the legal entitlements held by a party who has provided a loan to another party. These rights are typically established through a loan agreement and are designed to protect the lender's interests and ensure the repayment of the principal amount along with any accrued interest.

The primary laenuõigused include the right to receive repayment of the principal sum borrowed according to the agreed-upon schedule. This also encompasses the right to collect interest, which is the cost of borrowing money, as stipulated in the loan contract. If the borrower defaults on their obligations, the lender generally possesses the right to take action to recover the outstanding debt. This can involve various legal remedies, such as demanding immediate full repayment, initiating legal proceedings to seize collateral if the loan is secured, or assigning the debt to a collection agency.

Furthermore, laenuõigused can include the right to enforce covenants and conditions set forth in the loan agreement. These might involve requirements for the borrower to maintain certain financial ratios or to refrain from specific actions that could jeopardize their ability to repay. In essence, laenuõigused provide a legal framework that empowers lenders to seek redress and protect their investment in the event of non-compliance by the borrower. The specific nature and extent of these rights can vary based on the jurisdiction, the type of loan, and the terms negotiated in the loan agreement.