Commercial Property Lease & License Agreement

Balraj (Querist) 26 October 2010 This query is : Resolved
Dear Experts,

I inherited a commercial property (Shops & Warehouses) from my parents. The Shops & warehouses are occupied by tenants for the last 15 years and there is no valid lease and license agreement with them.
My question -
1. Is it possible by law to force the tenants enter into lease & license agreement? If yes, please provide details.
2. All the tenants are regularly paying the rent however it is well below the market rates; whether there is any provision in law to either make the tenant pay as per market rates or get them evicted quickly from the property.
Thanks and Regards
Balraj

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Devajyoti Barman (Expert) 27 October 2010
If the tenants are paying the rent then you can not legally bound them to enter into a leave and license agreement. However , you could make application to the Rent Control for determination of Fair Rent.