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Your lake Garda property market
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Your lake Garda property market
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  4. Loan for use agreement

Loan for use agreement

Comodato

Main feature of a loan for use agreement is the gratuitous provision of a good to a third party. With properties this type of contract is primarily in use when transferring property to members of one’s family as this entails income and property tax advantages. Unlike tenancy agreements, loan for use agreements can be terminated at any time.