Legal Question in Real Estate Law in India
sir.
A broker has approached me with a offer to lease my showroom premises in pune to some co-op bank with political connections , please tell me how safe it is for me & my premises although the deal shall be registered for a initial period of 5 yrs, to evict them in case of a default
Asked on 7/04/11, 8:51 pm
1 Answer from Attorneys
Shrichand Nahar
S.V.Nahar, Advocate
In view of amended rent act applicable to maharashtra since 2000, bank may not have any protection under that act.
If the terms and conditions as also consequences of breach are provided adequately in the lease or license agreement, then landlord would have good case in court.
However, safety is quite relative term and matter of perception.
Answered on 7/04/11, 10:14 pm
Related Questions & Answers
-
I have booked flat approx. an year back with local builder and entered into... Asked 7/04/11, 2:02 am in India Real Estate and Real Property
-
How do i find the details of a property on net via using cts no Asked 7/03/11, 6:06 am in India Real Estate and Real Property
Looking for something else?
10,200 active attorneys ready to answer your legal questions today.
Featured Attorneys
Earn additional revenue and grow your business.
