The lessee is bound to conserve and keep the leased chattel in good condition, with the exception of its normal depreciation and fair wear and tear. He/She is also committed to use the chattel solely for the purposes established in the lease contract, including those incidental and necessary uses.
With the exception of any agreement to the century, the lessee shall assume and pay those expenses inherent to ownership rights such as personal property taxes, insurance and expenses needed for the preservation and maintenance of the chattel. Without it being understood as a limitation, preservation and maintenance expenses shall be understood to be such repairs and necessary expenses for the proper functioning of the chattel. Notwithstanding the above, in case of operative leases, the lessor may agree to assume the responsibility for such expenses.
If it is necessary for the chattel’s conservation and in order to preserve its value, the lessor may incur conservation and maintenance expenses, as defined in the previous paragraph, and to request the reimbursement thereof from the lessee, provided he/she has been previously notified in writing, and has been given the option to make them.
History —Aug. 13, 1994, No. 76, § 11, eff. 60 days after Aug. 13, 1994.