LAWyersclubindia LCI
Login  Register
Upgrad
LCI Learning

Share on Facebook

Share on Twitter

Share on LinkedIn

Share on Email

Share More

Ownership building on leasehold land

(Querist) 04 May 2010 This query is : Resolved 
Dear Sir
Facts:

An ownership building built on leasehold land(lease 99 years)
Remaining Lease 45 years
Court Case: since past ten years filed by owner of land for recovery of Lease.


Query

1) Is it advisable to purchase flat in the said building?

2) Can the owner of Land refuse to renew the lease at the end of the term of 99 years and vacate the residents who own the flats?





Will await your valuable response at gehiajay@gmail.com

Many Thanks and Regards
Ajay Gehi
Report Abuse
Raj Kumar Makkad (Expert) 05 May 2010
1. No.

2. Why not if the terms of the lease permit him to get the premises vacated.
Ajay Gehi (Querist) 05 May 2010
Thank You Sir for your valuable opinion

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

Laws Laws Follow us





Browse by Category

Stay updated with latest Posts!