Lesson 2

Exercise 1. Listen to the text about different types of contracts concerning land in English. Use your shorthand to write it down. Translate it into Ukrainian. Mind the vocabulary below:

lease – орендна угода

lien – право утримання (арешту) майна

encumbrance – застава (заставна) на майно

foreclosure – перехід заставного майна у власність заставотримача

lienholder – особа, яка має право утримання (арешту) майна

marshaling of liens – розподіл майна між кредиторами

easement – сервітут

mineral rights – право на видобування природних копалин

flat payment – виплата фіксованого розміру

Exercise 2. Translate the text “Obligations of Landlord and Tenant” into Ukrainian. Use Additional Vocabulary.

The landlord’s obligations to tenants are: 1) to keep the rented or leased property (premises) decently habitable; and 2) not unreasonably interfere with the tenant’s privacy. The landlord must ensure that common areas (parking lots, stairs, halls, sidewalks, etc.) are lean and safe, and that the structure complies with building and housing codes.

The tenant’s basic obligations are: 1) to use and maintain the premises in a proper manner; 2) not to disturb the neighbors; and 3) timely make the rent or lease payments.

Landlords often require new tenants to make a security deposit (commonly equal to one month’s rent). The purpose of the deposit is to cover unpaid rent and any damage to the rental property caused by tenant. If the deposit is more than 50 $ or more month’s rent (which is greater), and the tenant is in possession for six months or more, the landlord is required to credit the deposit with five percent interest. Within 30 days after a tenancy is ended, the landlord must refund the deposit plus interest and less valid deductions.

A tenant in a building having four or more dwelling init may withhold rent if the tenant reasonably believes the landlord has live up to the landlords obligations, or if the landlord is found to be in violation of any law or regulation affecting health or safety. In order to withhold rent, the tenant must be current in his payment and give the landlord 30-days’ notice of his intention to withhold rent. If the problem is not fixed, the tenant may withhold rent by depositing the rent payments with the clerk of the local municipal or county court. At the direction of the court, the rent withheld may be applied to correct the problem, or the court may order the monthly rent reduced until the problem is remedied.

Additional Vocabulary

rented property – орендоване (наймане) мано

leased property – орендоване майно

decently habitable – у пристойному стані

credit the deposit – нарахувати відсотки на депозит

valid deductions – законні вирахування (з суми депозиту)

rent withhold – утримання орендної плати

comply with – відповідати вимогам (законів тощо)

building and housing code – будівельно-житловий кодекс

maintain the premises – підтримувати порядок у приміщенні

security deposit – страховий депозит

live up to – дотримуватися (вимог тощо)

Exercise 3. Translate the text “Документи про передачу права власності на нерухомість” into English. Use Additional Vocabulary.