Exclusive HOLI Discounts!
Get Courses and Combos at Upto 50% OFF!
Upgrad
LCI Learning

Share on Facebook

Share on Twitter

Share on LinkedIn

Share on Email

Share More

Sabir Ali Siddiqui (officer)     25 April 2018

Extension/ Renewal of Leave and License agreement.

Dear Sirs, As the owner of a residential premise I have given it on rent. The agreement is on leave and licence basis for SIX months expiring on 30 April 18 . There is no provision in the agreement for extension or renewal of the agreement. Now the licensee has requested to allow him to stay beyond 30 April 18 till he finds a suitable accommodation without giving any definite date or deadline. My query is - What should I do? Should I enter into a similar agreement for a limited period , say for two months.He is not regular in paying rent also.


Learning

 1 Replies

Master Warrior (AOR)     25 April 2018

Termination would be better, or require prepayment of rent for a certain period of time. A third option would be increase in rent due to an uncertain time of occupancy, as month to month leases typically cost more


Leave a reply

Your are not logged in . Please login to post replies

Click here to Login / Register