Închiriate

Închiriate is a Romanian term that translates to "rented" or "leased" in English. It is primarily used in the context of property or assets that are temporarily transferred for use in exchange for payment. This can apply to a wide range of items, including apartments, houses, vehicles, equipment, and even services. The legal agreement governing such an arrangement is known as a contract of lease or rental agreement, which outlines the terms and conditions of the temporary possession and use of the rented item.

The concept of închiriate is fundamental to many economic activities, facilitating access to resources without the need for outright ownership. For individuals, renting an apartment or house is a common solution for housing, offering flexibility and often lower upfront costs compared to buying. Businesses utilize rented spaces for offices or retail outlets, and lease equipment to avoid large capital expenditures. The payment made by the tenant to the landlord or lessor is typically referred to as rent or lease payment. The duration of the rental can vary significantly, from short-term arrangements like a few months to long-term leases spanning several years. The specific rights and obligations of both the renter (chiriaș) and the owner (proprietar) are usually detailed in the rental contract, ensuring a clear understanding of the terms of the închiriate agreement.