House advance refund issue House advance refund issue

2 years ago

We are the owners of a building, the tenants came last week paid the advance, they are there for just 7days, we have put money for the changes required according to them and then just said we are leaving without prior notice that's it. they immediately want the advance. what should i do

Anik

Responded 2 years ago

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A.Dear Client,

As per the facts mentioned, you need not return the full amount. You may deduct the expenses which occurred and return what’s left.
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Kishan Dutt Kalaskar

Responded 2 years ago

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A.Dear Sir,

You need not return the same as you have invested the same for repairs as per the directions of the tenant.

I could have explained more if background is known to me. You are supposed to give more details to get detailed answer.

Please be inform that free questions deserves to be attended on priority basis so be brief but disclose summary of your case.
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Abhimanyu Shandilya

Responded 2 years ago

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A.Dear Client
Was there any minimum commitment period mentioned in the rent agreement and did you have the termination clause in the agreement? If yes then they are supposed to terminate as per the agreement giving prior notice of few days to you. In your case you can, depending on the terms and conditions of the agreement, deduct some amount from the advance.
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