Download
what are lease tenancy and house rent agreements and how to negotiate them n.
Skip this Video
Loading SlideShow in 5 Seconds..
Lease, Tenancy and House Rent Agreements PowerPoint Presentation
Download Presentation
Lease, Tenancy and House Rent Agreements

Lease, Tenancy and House Rent Agreements

195 Views Download Presentation
Download Presentation

Lease, Tenancy and House Rent Agreements

- - - - - - - - - - - - - - - - - - - - - - - - - - - E N D - - - - - - - - - - - - - - - - - - - - - - - - - - -
Presentation Transcript

  1. What are lease, tenancy and house rent agreements and how to negotiate them Pranav Pandya, Franchise Development Manager, RE/MAX Gujarat

  2. Lease • Transfer of the right to use the property. • For a specified period/for perpetuity • Can’t evict the leaseholder while the lease is in existence unless termination provision.

  3. What if a lease leads to a tenancy?

  4. Leave and License

  5. Advantage of leave and licence

  6. How to ensure an effective lease deed or leave and license agreement? • Find out who is the actual owner • It is crucial that a leave or license or lease agreement is signed only with the real owner of the house. • It is more difficult to trace ownership of agricultural land • If the person leasing the property is not the owner of the land, find out if he has the authority to lease it.

  7. Renting out mortgaged property • Term of the agreement

  8. Termination clause and notice period • Most property related disputes between landlord and occupant usually take place over termination and eviction. • long notice periods and lock in periods • One month and three month notice period are most common in India

  9. Important Clauses • Lock in clause • Sub-letting clause • Payment clause • Increase in rent clause • Guarantor Clause • Maintenance/association charges clause

  10. Important Clauses • Wear and tear clause • Clause for furniture and fixtures • Clause on associated facilities and amenities • Security deposit clause • Repair works during occupancy

  11. Important Clauses • Wear and tear clause • Clause for furniture and fixtures • Clause on associated facilities and amenities • Security deposit clause • Repair works during occupancy

  12. Important Clauses • Clause for tax liability • Dispute resolution clause • General nuisance clause • General points of concern regarding leasing or renting of any nature

  13. Thank You