Lease agreement for pertol bank to scheduled castes(person)
Querist :
Anonymous
(Querist) 06 February 2019
This query is : Resolved
Hello Experts, Firstly thanks for this forum, where in, common man like me are getting to know so much about the law, which, at no other place, we can get to know so clearly and easily apart from this forum.
I have a land on National Highway and a third party(Scheduled Caste person) is approaching me to rent the land for them to build a Fuel station. They're saying they need the land for a minimum period of 20 years with a rental increase of 10% every 3 years. After 20 years, based on owner's (my) decision, they will either hand over the land back or continue the station. Coming to my questions, .
1) IS it safe to hand over the property to them for 20 years to Scheduled Caste person (delarship) ? Will there by any legal issues when I ask them the land after 20 years? 2) What kind of agreement we both have to enter into? ?
2) What are the points that I might have to include in the agreement, so that, I get the upper hand after 20 years?
Please help with your expertise as this is one of the Major decision that I need to take in my life as the agreement is for 20 years
P. Venu
(Expert) 07 February 2019
It is of no material consequence that the lessee belongs to a particular caste.
Dr J C Vashista
(Expert) 10 February 2019
Get the leave and licence registered with relevant terms.
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