Tenancy rights

vivek patil (Querist) 17 February 2013 This query is : Resolved
i am the legal heir to a rented premises in Mumbai which was rented by my grandfather for the last 50 years, and have tenency rights there, can tenancy rights be sold to someone else for money??

thanks
vivek

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V R SHROFF (Expert) 17 February 2013
No, you cannot sell your tenancy right.
You need consent of Landlord to do it, for which he will have his cut 33% to 40% of what u get as Pagdi.

Devajyoti Barman (Expert) 17 February 2013
In WB it is not transferable.

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