Lease, Tenancy and House Rent Agreements

Download Lease, Tenancy and House Rent Agreements

Post on 30-Dec-2015

45 views

Category:

Documents

0 download

Embed Size (px)

DESCRIPTION

What are lease, tenancy and house rent agreements and how to negotiate them. Transfer of the right to use the property. For a specified period/for perpetuity Cant evict the leaseholder while the lease is in existence unless termination provision. 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. - PowerPoint PPT Presentation

TRANSCRIPT

<p>Pranav Pandya, Franchise Development Manager, RE/MAX GujaratWhat are lease, tenancy and house rent agreements and how to negotiate them</p> <p>LeaseTransfer of the right to use the property.For a specified period/for perpetuityCant evict the leaseholder while the lease is in existence unless termination provision. RE/MAX GujaratWhat if a lease leads to a tenancy?</p> <p>RE/MAX GujaratLeave and License</p> <p>RE/MAX GujaratAdvantage of leave and licence</p> <p>RE/MAX GujaratHow to ensure an effective lease deed or leave and license agreement?Find out who is the actual ownerIt 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 landIf the person leasing the property is not the owner of the land, find out if he has the authority to lease it.</p> <p>RE/MAX GujaratRenting out mortgaged propertyTerm of the agreement</p> <p>RE/MAX GujaratTermination clause and notice periodMost property related disputes between landlord and occupant usually take place over termination and eviction.long notice periods and lock in periodsOne month and three month notice period are most common in India</p> <p>RE/MAX GujaratImportant ClausesLock in clauseSub-letting clausePayment clauseIncrease in rent clauseGuarantor ClauseMaintenance/association charges clause</p> <p>RE/MAX GujaratImportant ClausesWear and tear clauseClause for furniture and fixturesClause on associated facilities and amenitiesSecurity deposit clauseRepair works during occupancy</p> <p>RE/MAX GujaratImportant ClausesWear and tear clauseClause for furniture and fixturesClause on associated facilities and amenitiesSecurity deposit clauseRepair works during occupancy</p> <p>RE/MAX GujaratImportant ClausesClause for tax liabilityDispute resolution clauseGeneral nuisance clauseGeneral points of concern regarding leasing or renting of any nature</p> <p>RE/MAX GujaratThank You13</p>

Recommended

View more >