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Vasu   30 June 2015

Lease/sale deed cancellation

Mother enters into a (Rent) Lease Agreement with Landlord and Registers Lease Agreement.

Mother wants to buy the same property from Landlord and wants to execute Sale Deed in Daughters favour. Daughter & Landlord both have no objection.

Question: Is it mandatory to cancel the (Rent) Lease Agreement before executing Sale Deed? Or is it concidered automatically cancelled in this case?



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