Leasing contracts

Leasing is widely used method in our country and in the world to meet the financial needs of the enterprises. In this work prepared as a master thesis, at first the definition and elements of leasing contract, after then the obligations of lessor and lessee is reviewed within the context of Leasing, Factoring and Finance Companies Act. Financial leasing contracts, in general, aim to provide credits for clients, however they carry some particular features as well. To this regard, upon the request and choice of lessee, lessor should leave the prossession of a property, which he has boughtor assured anyway before, fort he use of leaseholder in Exchange of monetary value; and leaser should obey the condition of not to cancel the contract during the determined period of time. In our country, the application of leasing contracts has increased because of its advantages, particularly advantages related with the taxes. Key Words: Leasing, Leasing Contract, Leasing Company.