Hello sir, I wanted to know wat are the rights that a lessee has when he has constructed a building on a land upon termination of the lease. The lease was for a period of 25years. the lessee had rights to construct the building. Thank you!
A V Vishal (Advocate) 31 July 2009
It depends upon the terms of agreement which the lessor and lessee entered into. Generall, the building is left as is where is condition on termination of the agreement.
Kaustubha (Student) 01 August 2009
Thank you sir,
But if the lease deed remains silent on the the built property then what is the default law that applies?
Member Strength 9,46,390 and growing..
© 2024 LAWyersclubindia.com. Let us grow stronger by mutual exchange of knowledge.
