(PLz Reply)tenants rights for goodwill
Querist :
Anonymous
(Querist) 24 March 2010
This query is : Resolved
When my lease period expire, do my landlord have legal right to vacate me , without buying back (goodwill, furniture’s, movable amenities , hotel license & business) which I bought from my landlord when I entered into hotel business lease through single agreement deed . (All in one agreement deed)
I bought (goodwill, furniture’s, movable amenities , hotel license & business) through sale deed by paying some Amount . ( it’s not transfer) The landlord offered to SELL & I bought them …
Is the following lines in the my agreement help me to me for this?
(with the option to the tenant to renew the agreement for further period on such terms & condition as may be mutually agreed upon.)
prakash vathore
(Expert) 24 March 2010
if it is agreed mutually, if not then ur land lord has power to terminate the lease and throw u out.
Manish Singh
(Expert) 24 March 2010
if under the agreement, the intention is shown that you have bought the goodwill and other things instead of taking it on license, you shall be protected for such sale but after reading the agreement as a whole if it appears that the real intention was to provide such things only on license, the license period shall come to an end after the expiry of the agreement.
Querist :
Anonymous
(Querist) 24 March 2010
Thank you very much SIR.
B.B.R.Goud.
(Expert) 26 March 2010
i do agree with the learned counsel
