In case the landlord is a partnership firm with 2 partners. one of the partner passes away. whom should the tenant pay rent? will the partnership deed dissolve.
sanjeev gupta (Advocate) 07 February 2009
If the lanlord is a partner of a patnership firm with other two partner, and One partner passes away and as per ur statement patnership firm is cancel, on that case other partner will pay rent, or who is running the business, that will pay rent after the patnership firm cancel and before the partnership firm cancel, all the partner will pay rent jointly as per their share, if firm is in loss if firm in profit on that case rent will be paid from his account.
gigi pramod (n/a) 08 February 2009
very sorry mr. Sanjeev, i think you did not understand my question.
BHANU RASPUTRA (ADVOCATE & SOLICITOR email@example.com) 07 March 2009
LANDLORD IS PARTNERSHIP FIRM. rent recipt in partnership firm, SO ISSUE RENT RECEIPTIN PATERNSHIO FIRM.
THEN AS PER PARTNERSHIP DEED PROVISIONS , TO ADD PARTNERS IN ACCOUNTS AND in land records.that's all.
Y V Vishweshwar Rao (Advocate ) 08 May 2009
May be as per the Terms of the Partnership Deed the Firm with legal heirs of deceased partners can be continued , with effect from the date of death of one Partner .
The dissolution of Partnership is not connected to the Tenant or rents , The Firm may be continiued with the Lrs of the deceased partner . The Tenant has to pay the rents to the other partner .The tenant should not become defaulter