company lease

Querist : Anonymous (Querist) 02 October 2010 This query is : Resolved
Dear sir
I have leased out my 2BHK DDA flat (built 1989) to a company (for their specified employee only) on monthly rent of Rs. 12000/-. Company has paid the rent regularly during two year lease period and no problems whatsoever.
As per agreement lease expires automatically on 14 oct 2010. The employee wants to continue living in the flat for another two years and he says company will make a fresh new agreement. However company has not approached me so far.
My querry is whether I should insist on making new agreement with effect from 15 oct 2010 or maybe with effect from 01st nov 2010 (by giving a gap of 15 days between old and new agreement)

Follow Query

Report Abuse

s.subramanian (Expert) 02 October 2010
No need for givin any gap. You can continue immediately . Nothing wrong.

Amita Chaudhary (Expert) 02 October 2010
yes you need to renew the lease agreement.. though no gap need to be their but ensure that the agreemnt is registered in case it is more then 12 months...

Devajyoti Barman (Expert) 03 October 2010
Make a new agreement from the date of 15.10.2010.

Previous

Next

You need to be the querist or approved LAWyersclub expert to take part in this query .

Click here to login now

Similar Resolved Queries :

Ask Query
Unanswered Queries