Execution of lease deed

Manashi Pathak (Querist) 30 December 2017 This query is : Resolved
A leased out a property to B for 24 years. Said deed was duly registered. In the meantime both A & B expired during continuance of lease deed. Now whether a supplementary lease deed is to be executed between the legal heirs of A & B or no supplementary lease deed is to be executed as the legal heirs will automatically will step into the shoes of their deceased parents and the previous lease deed would continue.

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P. Venu (Expert) 31 December 2017
Any suggestion depends upon the terms and conditions of the lease deed.

Dr J C Vashista (Expert) 03 January 2018
The successor shall step into the shoes of lessor.
However, the lease and licence can be determined/renewed in terms of agreement.

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