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SK Bhaduri (Manager)     21 August 2011

Minimum lease duration

I have inherited a piece of land through partition of ancestral property. I want to give it out on lease for construction of commercial complex. I wish to know :

1. What is the minimum period of lease that can be done with the builder ?

2. What is the sharing percentage between land owner and builder generally ?

3. Can anyone help me get a sample of any such lease agreement ?

 

Thanks



Learning

 2 Replies

G. ARAVINTHAN (Legal Consultant / Solicitor)     22 August 2011

Usually these type of lease will long for several number of years as the builder have to get consideration  for what he invested..

Bobby Mani T (Lawyer)     23 August 2011

There is no such period as minimum lease period, the date is fixed by both the parties considering the amount spend.


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