Upgrad
LCI Learning

Share on Facebook

Share on Twitter

Share on LinkedIn

Share on Email

Share More

purchase of tenancy property

Querist : Anonymous (Querist) 24 May 2011 This query is : Resolved 
Dear Sir,

I am about to buy a tenancy property. The property is located in mumbai. The sale price for transfer of tenancy property is 3 lacs out of which I am going to pay the tenant 2 lacs and 1 lacs to landlord. The tenancy will surrender her tenancy to landlord and landlord will take me as a new tenancy on monthly tenancy.

My question are what are the documents and agreement i am suppose to make interse between me and the tenant and with landlord and other documents from the legal heirs of the tenant. Any clause which i am suppose to bear in mind while drafting the agreements. Also what are the acts applicable apart from rent control act. is stamp duty and registration complulsory and on what amount the rent or the transfer price between me and the landlord and what is the amount that i should mention in the agreement please reply urgently Thanks regards Asgarali

DEFENSE ADVOCATE.-firmaction@g (Expert) 24 May 2011
the landlord gives YOU rent reciept it is sufficient.
Querist : Anonymous (Querist) 28 May 2011
Dear Sir,
thankyou for the reply but apart from the rent reciept there are agreement interse between the old tenant and the new tenant and landlord has to be entered and registered what i understand
regards Asgarali


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


Click here to login now



Similar Resolved Queries :