Financial leasing is financial agency done by a lessor, implaying that a lessor, with retaining ownership over a leasing object, trasfers to a lessee, for a certain period of time, authorisation for holding and using the leasing object, including all ownership-related risks and benefits and that the lessee pays the related leasing fee to the lessor.
Leasing business implies the Lessee, the Lessor - UniCredit Leasing Srbija doo and the Supplier of a lesing object.
The Lessee chooses a leasing object and the leasing object Supplier and approves the supply agreement concerning the definition of the leasing object, price, place deadline and manner of the supply of the leasing object.
The Lessor is a company registered for leasing business which, with retaining ownership over the leasing object, transfers to the Lessee, for a certain period of time, authorisation for holding and using the leasing object, including all ownership-related risks and benefits and the Lessee will pay the related leasing fee to the Lessor.
The Supplier of a leasing object is a legal entity or private individual which transfers ownership over the leasing object to the Lessor for the purpose of transfering it to the Lessee for holding and using, for an agreed period of time and with payinh a agreed fee.
After paying the selling price of the leasing object to the Supplier and signing the leasing object takeover protocol by the Lessee, the leasing agreement is activatedby the Lessor issuing a receipt to the Lessee.
The Lessee pays the first leasing instalment after signing the leasing agreement and taking over the leasing object from Supplier (leasing object takeover protocol sugned by the user and the Supplier serves as proof), in line with the leasing object repayment schedule.
After agreement activation, the Lessor delivers all documents necessary for vehicle registration to the Lesee. The Lessee obtains a certificate of fitness and submits it, together with received documents, to the police station in charge, where the first vehicle registration is perfomed at the Lessee's expense. After the registration, the Lessee must deliver a copy of the mandatory insurance policy and vehicle licence to the Lessor.
In order to renew the registration, the Lessee must settle all due debts and deliver proof of renewing the comprehensive insurance policy. After fulfilling the said conditions, the Lessee is granted registration authorisation and the procedure of the registration renewal is the same as in the first vehicle registration.
In case of total loss, the financial leasing agreement is terminated. After calculation and settlement of damage by the insurance company, the final calculation is done under the related leasing agreement. The Lessor's final calculation is aimed at determining the amount of funds to be additionaly paid by or returned to the Lessee.
The Lessee is obliged to inform the police administration in charge about a loss of the vehicle licence or registration plates. A copy of the report on the document/registration plates loss must be delivered to the Lessor, based on which the Lessee will be granted authorisation for issuing the new document or registration plates.
If the Lessor receives invoices for unpaid daily parking tickets from the parking service in charge, the invoices will be re-invocied to the Lessee, with re-invoicing expenses added, in line with official fee rates.
The Lesse has the right to early redeem the leasing object prior to the expiration of the leasing agreement, under the law and provided that the Lessee has duly settled all liabilities incurred to that date. The Lessee must submit a written request to the Lessor, not later than 30 (thirty) days prior to the date designated as the leasing object early redemption date. The lessor has the discretionary right to accepr or refuse the Lessee's early repayment request. Such decision on the request will be delivered by the Lessor to the Lessee in writing, without having to state grounds, within 7 (seven) days from the date of receiving the request. In case the Lessor fails to do do within the said deadline, it may be considered that the request for aerly repayment is rejected. In case the Lessor gives a positive repsonse to the Lessee, the Lessee must pay the early repayment amount within the period stated in the Lessors's response.
The ordinary leasing agreement termination implies the following:
Settlement of all liabilities to the Lessor - UniCredit Leasing Srbija doo
Settlement of all liabilities to the insurance company and delivery of the related confirmation
Payment of the fee for agreement expiration to the Business Registers Agency, in line with effective fee rates (currently, the fee is 1.000,00 RSD per agreement)
Instructions for adequate filling out of a payment order for the fee for registering leasing agreement expiration:
RECIPIENT: Business Registers Agency
PAYMENT PURPOSE: Fee for leasing agreement expiration - refer to agreement nimber(s)
AMOUNT: 1.000,00 RSD
ACCOUNT No: 840-29773845-73
MODEL: 97
REFERENCE NUMBER: 92 02
After making the payment and delivering its original copy, as well as providing the insurance company's confirmation of settlement of all liabilities under the insurance policy, the Lessor will prepare documents for transfering the leasing object ownership. In case of the Lessee being a legal entity or entrepreneur, such lessee must deliver an authorisation for document takeover issued with the Lessee's letterhead.
