"RIEL Academy" Issue 22 — Professional Insights on What Matters

Introducing the 22nd issue of our signature newsletter—"RIEL Academy."

Hello, dear clients!

We are pleased to present the 22nd issue of "RIEL Academy". Since the release of the previous issue we have commissioned new properties in Lviv and Kyiv, are actively working on documentation for upcoming projects and have already launched new construction phases. In this issue we once again share useful knowledge, practical advice and inspiration.

Our efforts are aimed at bringing your dreams of comfortable, modern housing to life. Visit "RIEL Academy" to stay informed about advantageous investments and the latest real-estate news.

Previous issues can be found on riel.ua in the "Blog" section.

Thank you sincerely for staying with us and choosing us to bring your housing dreams to life!

The texts of previous issues of the digest are always available on riel.ua in the "Blog" section.

Thank you for choosing us!

Sincerely,

Sincerely, Rostyslav Melnyk, General Director of CN RIEL.

INTRODUCTION

In this issue we have gathered useful tips that may change your view on organizing residential space and renting commercial real estate. We will look at important nuances of renting for business, as well as reveal the secrets of creating functional wardrobes in both large and compact homes.

We promise it will be interesting and informative! But first things first.

RENTING REAL ESTATE FOR BUSINESS: HOW TO PROPERLY RENT A COMMERCIAL PREMISES

Renting commercial real estate is a great opportunity for business development, but it can carry risks for both tenant and landlord. Understanding key aspects will help minimize unpleasant situations and conflicts.

Where to start if you are the property owner?

STEP 1. Check title documents. Make sure you have all the necessary documents confirming your ownership of the property.

Check whether there are any arrests, mortgages or other encumbrances that may interfere with concluding a lease. Make sure the property meets technical and sanitary norms for various types of activity.

STEP 2. Drafting the contract. Determine the amount, procedure and timing of rent payments. Specify who is responsible for utility payments, repairs and maintenance. Indicate the option and procedure for reviewing the rent during the contract term. Specify the conditions for prolongation and grounds for early termination.

STEP 3. State registration of the contract. If the contract is concluded for more than three years, you must register it with the state authorities for real-estate rights.

TIP: turn to a professional lawyer to prepare and review the contract. This will ensure legal protection of your interests.

And if you are looking for premises to rent, the algorithm is as follows:

STEP 1. Check the documents. Make sure that the person leasing the premises is the legal owner or has appropriate authority. Ask about any restrictions or arrests on the property.

Make sure the property suits your type of activity and meets all necessary norms.

STEP 2. Drafting the contract. Agree on the amount, procedure and timing of payments. Clearly define what you are responsible for and what the landlord is responsible for (utilities, repairs, maintenance). Discuss the possibility and procedure for reviewing the rent. Clarify the term of the contract and conditions for early termination.

TIP: to protect your rights, it is recommended to turn to a professional lawyer who will help check the documents and properly draw up the contract.

NUANCES TO CONSIDER:

• State registration of the contract. For lease contracts longer than three years, registration is required. This further protects the rights of both parties.
• Additional expenses. Besides rent there can be other expenses: utilities, security, cleaning, repairs. Clearly discuss and record in the contract who is responsible for what.
• Possibility of redesign. If you plan to change the internal layout, agree this with the landlord and obtain the necessary permits.

By following these recommendations you can avoid many risks associated with renting commercial real estate and ensure stable conditions for your business. By turning to RIEL Real Estate Corporation you are guaranteed to find what you were looking for — modern, functional premises that meet all your requirements and help your business grow in comfortable and reliable conditions.

DESIGN AND FUNCTIONALITY OF A WARDROBE IN SMALL AND LARGE HOMES

A separate wardrobe is not only a modern trend but also a convenient way to organize storage in your home. All items — clothes, shoes, accessories, textiles, suitcases — will be protected from dust and accessible in one place for maximum convenience.

Modern wardrobes combine stylish design with functionality and ease of organization, looking appropriate in any home. They can have different layouts, sizes, structures and filling options. Here are a few important tips for designing a wardrobe to make it as functional as possible:

• Minimum area. A comfortable wardrobe requires at least 1.5 m².
• Compartment for shoes. Allocate a dedicated lower-level block for shoes with compact storage drawers.
• Placement of clothes rails. Place rails at a convenient height. If the wardrobe is tall, choose a system that allows lowering the rails for easy access.
• Storage for bed linen. Store towels, blankets and bed linen on separate shelves in closed drawers or containers to protect from dust.
• Upper storage for seasonal items. Christmas decorations, suitcases and other rarely used items are conveniently placed on upper shelves.
• Containers for accessories. Use special containers for accessories and small items so everything is at hand and in its place.
• Storage systems for belts and scarves. There are dedicated holders and organizers for scarves, ties and belts, convenient for daily use.
• Pouf or bench. If space allows, place a pouf or bench — this adds extra comfort and makes it convenient to change clothes and put on shoes right in the wardrobe.

A wardrobe can become a real highlight of your interior, easily integrating into non-standard layouts or niches. It allows you to bring bold design ideas to life and make your space organized and comfortable. By the way, in our residential complexes in Lviv and Kyiv you will find homes with a variety of functional wardrobe options. Hundreds of options on our website will meet any need!

CONCLUSIONS

In this issue of "RIEL Academy" we examined important aspects that will help you make informed decisions in the real-estate field. From the nuances of renting commercial premises for business development to advice on creating a functional wardrobe — all these topics are aimed at improving the comfort and quality of your life.

We believe that knowledge and attention to detail are the key to success in any undertaking. We hope our recommendations will be useful and help you realize your dreams of an ideal space for living and working.

Thank you for choosing us as a reliable partner on the path to your comfort and well-being.

Download issue 22 of our flagship digest — "RIEL Academy".

"RIEL Academy" is an online digest created to share professional knowledge and experience in the real-estate field with you. We aim to help you address any questions related to your home.

Thank you for being with RIEL!