I am having a building in
Himanshu (NA) 14 July 2011
I am having a building in
adv. rajeev ( rajoo ) (practicing advocate) 14 July 2011
When you have got cordial relation with your tenents, it is very difficult to ask them to exeucte the agreements. But you can you say your tenent to get the lease/rent deed from that, that you have to produce the documents before the Income Tax dept regarding the source of income. Hence lease deed/rent deed is necessary. By this way you can get the lease/rent deed from them.
Alok Tholiya (self employed) 16 July 2011
Dipangkar (Business) 16 July 2011
DEFENSE ADVOCATE.-firmaction@g (POWER OF DEFENSE IS IMMENSE ) 16 July 2011
Such advice has no practicle relevance. Once a tenant has entered in your property it is defficult to evict him and if you have not done lease agreement prior to their entry now it it very defficult whatever excuse you may give.
Himanshu (NA) 17 July 2011
Your suggestions are really valuable. I understand if i succeeded to work on your advice it could lead my life out of fear. Thank you Rajeev Ji and Alok Ji.
B.K.GUPTA... (ADVISOR) 18 July 2011
Suggestions given by Adv. Rajeev and Mr Alok Tholia are appreciable and you should implement these. You can increase 5% rent per year and after 10 years add the increase in the principal rent.This formula has been implemented through acts by various state acts and is reasonable also.