Lock in period issue
3 years ago
At the time of giving a proposal for rent to a tenant is it essential to put lock-in period clause at first?
A.In your interest it is better.
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A.1) The LockDown period is NOT deliberately done by the Tenant OR the Room Owner, but a few times in case of National Emergency such situation arises once in while, so practically speaking there is NO point including this clause in the agreement of Rental Lease.
2) The tenants who are doing Work From Home / IT Based are still paying to their Landloards/ room Owners as of now, as they are getting payments from their offices
3) This question depends on where your tenant is employed, Mostly the persons who earn generally pay, so as there are always exceptions
Your query is answered in detail; also you can call me back for the same.
We can help you in getting done the same & Complete Legal Documentation works.
Hope this information is useful
ADV. ANISH P (High Court)
2) The tenants who are doing Work From Home / IT Based are still paying to their Landloards/ room Owners as of now, as they are getting payments from their offices
3) This question depends on where your tenant is employed, Mostly the persons who earn generally pay, so as there are always exceptions
Your query is answered in detail; also you can call me back for the same.
We can help you in getting done the same & Complete Legal Documentation works.
Hope this information is useful
ADV. ANISH P (High Court)
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Ayantika Mondal @ Prime Legal
Responded 3 years ago
A.Hi,
It is better to have a lock-in period to avoid any issues.
It is better to have a lock-in period to avoid any issues.
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