11 months agreement
A. Sir, there are no such benefits apart from the fact that such agreements do not need to be registered.
An agreement of duration 11 months need not be registered.
Shreyash Mohta
Agreement
This agreement has been granted for a total period of 33 months, each term consisting of 11 months on the basis of leave and licence effective from _____ (commencement date) to _____ (termination date
5 years ago
A. Sir, it means that
1. The agreement is for 33 months divided into 11 months each consisting of 3 terms
2. Effective from ____ to Termination date _____ shall be of 11 months [For 3 terms]
Due to such 11 months period, registration of the agreement is not compulsory
It further says that after the expiry of such period [33 months in total]
the agreement can be further extended if the parties intend to.
Shreyash Mohta
Electricity Bill
In what name the electricity bill will come in the name of landlord or in the name of tenant?Will there be two meter in the name of landlord and tenant?What generally happens related to electricity in
5 years ago
A. Dear Sir,
It always comes in the name of landlord. The tenant may use the same showing rent agreement or lease agreement coupled with such electricity bill standing in the name of landlord. If lease is more than three years and registered one then permission may be taken from the landlord to get name of the meter changed in the name of lease holder.
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Rameshwar Dadhe
Installation of Tower
My tenant wants to install a communication tower to our roof of the building.But the roof of the building is common between me and other landlord?What to do?How to help my tenant to install the tower?
5 years ago
A. Dear Sir,
It cannot be registered get issue a Legal Notice and filed a suit for injunction restraining tenant from installing communication tower.
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Rameshwar Dadhe
Touch with Tenant
Is there any options for the landlord to keep a good touch or a good communication with the tenant?How to become a good relationship with the tenant?
5 years ago
A. Dear Sir,
There is no law however you may act positively to the demands of the tenant thus you may remain a nice fellow in the mind of the tenant.
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Rameshwar Dadhe
Painting and renovation
Is there any option for the landlord to avoid painting or any other renovation ?How to manage the situation without painting and renovating?
5 years ago
A. Dear Sir,
If there are no clauses in the rent agreement then the landlord cannot insist for the same.
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Electricity
Landlord have 3.5 power load and tenant wants more load i.e. 10 ?What to do?What is the duty of landlord and tenant in this situation?
5 years ago
A. Dear Sir,
It is better to avoid such agreement because you will get great loss in future.
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Shreyash Mohta
Rent receipts
What is a proper rent receipts?What components will be there at rent receipts?Is there any other receipts the landlord have to provide to tenant other than rent receipts?
5 years ago
A. A rent receipt is a simple bill.
Such bill books are available in the shops also.
Components of such receipt are
1. Details of payments
2. Amount paid
3. Period for which such amount has been paid
4. Date of Payment
5. Stamp/Seal/Signature[of the person receiving such payment] verifying such payment
Thanks
Shreyash Mohta
Shreyash Mohta
TDS on rent
What is tds on rent? Is it beneficial for landlord or tenant?Is it mandatory to have a clause of tds on rent in the rent agreement?
5 years ago
A. TDS is "tax deduction on source"
Such tax is applicable only if the rent amount is Rs.2,40,000
Shreyash Mohta
Rent free period
What is a rent free period? What are its advantage and disadvantages?Is it good for landlord?
5 years ago
A. A rent free period is a period where no rent is given to the landlord. In other words it is free stay without any payment.
The disadvantage here is that the landlord gets no money and the tenant can stay free of cost and enjoy the land and other benefits. However, such a rent free period is given by the landlord to gain a prospective tenant who after such free period will stay in that premise by paying a certain amount of rent to the landlord.
So that now is the advantage.
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Shreyash Mo ...ReadMore
Shreyash Mohta
