licanse & business sale

Querist :
Anonymous
(Querist) 09 May 2010
This query is : Resolved
I am a landlord. i have let out my Lodge on lease except my lodge license & business.its in my name.Now in the middle of this lease period, Can i sell this license & business to my tenant for money ,as i am in need of urgent money.Is it legal. Will it create any problem in future.
Raj Kumar Makkad
(Expert) 09 May 2010
No. It shall not create any problem for you if a legal document has been got executed in support of aforesaid sale.