Liability of the parties under the lease agreement for future real estate

In relation to the lease of future real estate, as well as any civil contract, the rule applies, according to which the obligations must be performed properly in accordance with the terms of the obligation and the requirements of the law, other legal acts, and in the absence of such conditions and requirements - in accordance with customs or other commonly imposed requirements (Article 309 of the Civil Code of the Russian Federation). Within the framework of this article, liability is considered as an obligation to compensate the counterparty for the losses caused and to pay the penalty established by law or provided for in the contract.