LEAVE & LICENSE OF SHOP
4 years ago
Dear Sir,
I am planning to lease my shop, located in Mumbai, via a leave license agreement. My housing society is insisting that, they will only give the NOC, if the prospective tenant is inducted as a nominal member of the society, for the duration of the lease.
My query is that.....
1) In my previous lease, I did not have to comply with this condition. Is it mandatory to take the society NOC ? Can I go ahead and register the leave license agreement without the society NOC ?
2) In case I have to comply with the society demand and nominate my Tenant as a nominal member, will it create ownership rights in future in favor of the tenant? If yes, then what safeguards can I take to prevent this ?
Would appreciate anyone who cud shed some light on it and it’s legal implications....
Thanks in advance ?
Excess land not in record, can it be sold??
Leave & Liscence agreement
Landlord/Tenant
Landlord/tenant
No return of advance paid. Absence of agreemnt
