Legal Question in Landlord & Tenant Law in India
I have a question regarding the rent. I have invested Rs Three lakhs (300000) as advance rent for renewal the landlord house. Now i am staying in the house with the rental agreement stating that the amount what i spend should be deducted from the 3 lakh deposit. The rent of the house is Rs 1500 for 2 years and 200 rise every year. It amounts for 12 years stay in that house. Now my question is what is the agreement that dont allow the landlords to vacate me before my deposit is deducted fully in the form of rent. The land lords are opposing lease agreement and instead want rental agreement of 11 months every year and are assuring that they ll not vacate me until my deposit is over in the form of rent. But tongue assurance is not enough.So what is the other option legally that dont allow my landlords to make me leave the house until my money is deducted in the form of rent. Please advice.
1 Answer from Attorneys
22.05.2013
Dear Sir / Madam,
Since the Rs. 3,00,000/- that you have paid to the licensor is a deposit, you should get an Agreement for Leave and License made stating therein the amount of deposit (net of rentals) that is with the licensor for each and every 11 months lease. By doing so, the licensor will remain legally liable to refund your deposit in the event he asks you to vacate.
Regards,
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