Bca : Business conducting agreement.
Sumeet Ganguly
(Querist) 25 January 2017
This query is : Resolved
I'm the the land lord.
My query :
The party ( the conductor) with whom I'm signing the Bca is insisting in adding the clause for the security deposit para.
The normal / standard format says that the interest free security deposit will be returned to the conductor by the landlord after deducting .... Utility bills like electricity / internet bills/ water bills etc.
However, he's adding the an extra line which says that unless the security deposit is not returned by the land lord to him, he will not empty/ give the possession back of the acquired area of the premise.
Please advice, is this normal?
ramaraju ramaiah
(Expert) 26 January 2017
he's adding the an extra line which says that unless the security deposit is not returned by the land lord to him, he will not empty/ give the possession back of the acquired area of the premise not to be accept only the land owner is entitled to security deposit and interest there on only after vacat the land
Sumeet Ganguly
(Querist) 28 January 2017
What about giving the conductor the power of attorney for renewal of license?
Currently the licenses are in my name, is it wise to give the power of attorney to conductor for three renewal purpose of license?
Please advice
