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Jagadish (Manager)     03 November 2014

Lease agreement duration

I am planning to rent my flat on leave/licence basis.

 

1. The agreement is being drafted for  36 months with one year lock in & 2 months notice. In case I need the flat after 12 months , Can I terminate the agreement with 2 months notice.

2.The flat is co owned with my son who is not here . Is it mandatory to make lease agreement with both parties or I can make agreement by myself. Would there be any legal issue if agreement ids made only by me. My son has no objection to giving the flat on rent & I have such a letter in my possession. 

Thanks for Your assistance . Urgent reply would be highly appreciated. 

Thanks once again. 



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