LCI Learning

Share on Facebook

Share on Twitter

Share on LinkedIn

Share on Email

Share More

Jyoti Bhattacharjee (na)     02 July 2012

Meaning of an agrement

Sir,

          I am willing to open a school for that purpose I am taking a house on rent, The land lord is insisting on putting the word on the purpose of usage and not just "educational" which I want.

I will be highly obliged if some one please enlighten me on the true meaning of the word "residencial-cum-educational".

thank you.



Learning

 1 Replies

kavksatyanarayana (subregistrar/supdt.(retired))     02 July 2012

sir

       generally educational institues/societies comes to commercial wing.  And for commerical wing/complex/flat, the rent will be more than the residential wing/complex/flat and attracts stamp duty accordingly.  Hence the ownerss of the property do not mention for commercial wing.

kavksn


Leave a reply

Your are not logged in . Please login to post replies

Click here to Login / Register