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Q. Regarding house lease

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Anonymous

posted 3 weeks ago

Q.Regarding house lease
I am staying in a rented flat in Bangalore. I am willing to talk to the owner for asking the same flat on lease. I have one query on this. If suppose the owner agrees for the lease at 8lacs. Is the 8 lacs fully refundable at the end of lease?

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Kishan Dutt Kalaskar Retired Judge

Experience: 33 Year(s)

Responded 3 weeks ago

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A. ) Dear Sir,
Yes, it will be paid to the landlord with an understanding that you need not pay any rent and he need not pay any interest. But you must be very sure that it must be registered and the landlord must have financial status to refund the same after lease period is over. In many cases landlords may not have such funds at the end.

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Tabassum Sultana

Experience: 4 Year(s)

Responded 3 weeks ago

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A. ) Yes, it is refundable but when the owner makes the lease agreement, go through all the clauses well regarding refund as he may subject it to certain terms and conditions. For further details or making of agreement, please contact me.

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Rameshwar Dadhe

Experience: 2 Year(s)

Responded 3 weeks ago

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A. ) yes sir but made legal agreement with the help of lawyer

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shankar b Bandi

Experience: 13 Year(s)

Responded 3 weeks ago

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A. ) Lease amount will refund after expery of lease period

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