Lease agreement with Governmen

Dushyant Pandya (Querist) 28 July 2010 This query is : Resolved
Is any law, direction or policy regarding escalation of lease rent?

Please provide.

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s.subramanian (Expert) 28 July 2010
escalation of rent is governed by the rent control laws.

Chanchal Nag Chowdhury (Expert) 29 July 2010
It is governed by your terms in the agreement subject to the rent control laws as applicable in your State.

Dushyant Pandya (Querist) 29 July 2010
Respected,

But it there any specific direction regarding escalation or enhancement of rent percenatage on annual basis.

Warm Regards

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