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Non-residential lease: settlement with reduced interest

Editorial summary

The association claimed 712.98 euros in rent debt and 658.10 euros in interest. The court approved payment of the debt and interest reduced to 446 euros, and terminated proceedings.

Order approving a settlement · Viru Maakohus · First instance

Narva linn, Kangelaste prospekt 9 korteriühistu · 80170532

Contracts and servicesTenancy and leaseApartment association bills, payments and debtsDebt claimsLate-payment interest and consequences of delay
Participants and roles
  • Claimant and landlord — Narva linn, Kangelaste prospekt 9 korteriühistu
  • Defendant and tenant — individual XX

The dispute and the court’s decision

Narva linn, Kangelaste prospekt 9 korteriühistu, named in the source as KÜ Kangelaste 9, leased non-residential premises to defendant XX. Payments under the lease of 22 June 2009 had only partly been made. The association sought 712.98 euros in outstanding debt, 658.10 euros in late-payment interest and litigation costs. The parties agreed that the defendant would pay the 712.98-euro debt and 446 euros in interest within five days. Finding no conflict with law or good morals, the court approved the agreement and terminated proceedings. This was a negotiated outcome, rather than a merits ruling granting the original interest claim in full. The court explained the association’s right to apply for a refund of half the court fee but did not order a refund in this decision. Performance, entry into force and subsequent appeals have not been reverified.

Outcome of this decision

The approved settlement requires payment of 712.98 euros in debt and 446 euros in interest within five days. Proceedings ended; the court only explained the right to request a fee refund.

Entry into force has not been reverified