3 mistakes landlords should avoid while making a rent agreement in Maharashtra
The two main forms of contractual arrangements that might exist between the owner (landlord/lessor) of the property, and the person (tenant/lessee) who wants to utilize that property or premise for residential or commercial purposes are – lease or leave and license. What is “Lease” and “License”? The Transfer of Property Act, 1882 defines lease. It […]
What is a Lease deed? A lease deed is a contract/agreement between two or more parties acting like a lessor and lessee for a lease premium also known as rent amount. The lessor in this case is the owner of the property/premises and the lessee is the tenant of the property. A lease deed is […]