Residential flat on rent
anjana
(Querist) 05 June 2014
This query is : Resolved
Hi,
Can a person rent residential flat to the the same person for more than 5 years.. having proper rent agreement for each year.
M.Sheik Mohammed Ali
(Expert) 05 June 2014
yes, if every year renewal your agreement can continue as tenant
V R SHROFF
(Expert) 05 June 2014
yes. Why not??
but he increases his risk to get back possession.
Rajendra K Goyal
(Expert) 05 June 2014
Legally no bar.
Agree with expert about risk in getting back the possession.
Kishor Mehta
(Expert) 05 June 2014
With due respect to the experts:
According to the Maharashtra Rent Act 1999:
The residential flat can be given on rent only if it is owned by the person himself. A tenanted flat can not be given on rent by the tenant.
If the flat is given on monthly rental basis, the tenancy agreement has to be registered and this is a one time registration.
However, if the flat is given on Leave & License basis, then the Leave & License document has to be registered every eleven months. There is no time bar for the number of years a Leave & License document can be registered.
Again, if the flat is given on lease, a lease document for a fixed period has to be registered.
Good Luck,
Kishor Mehta
Raj Kumar Makkad
(Expert) 06 June 2014
Kishor! You know better than why have you raised the query?
V R SHROFF
(Expert) 06 June 2014
why have you raised the query?
PL NOTE:
QUERY RAISED BY ANJANA, NOT KISHOR
