Hiring of property by the trust
E
(Querist) 25 June 2016
This query is : Resolved
Hello,
I have been approached by a newly formed Trust to lease out the 3rd floor measuring about 1800 sqft approx of my house to run a educational institute of Hotel Management .
My query is whether can a Trust hire a place in its name ?
What documents and conditions do I need to check before signing the Lease deed with the said Trust?
How can the eviction proceedings be launched against the Trust in case of non payment of rent by the said educational institute being run under the Trust..?
What if all the Trustees including President resigns is the trust still valid ?
Devajyoti Barman
(Expert) 25 June 2016
Yes, trust is very much hire a place if the place is required to fulfill its objective.
There is no chanGe of procedure for eviction . Suit lies aganst juristic person like a trust.
Rajendra K Goyal
(Expert) 25 June 2016
You can give the building on rent to trust provided commercial activities allowed in your area in residential building.
Eviction procedure is normal as per state act.
get all the documents checked by your lawyer before proceedings.
Rajendra K Goyal
(Expert) 25 June 2016
Repeated query:
http://www.lawyersclubindia.com/experts/Hiring-of-property-by-trust-604951.asp
R.K Nanda
(Expert) 25 June 2016
Nothing to add.
Kumar Doab
(Expert) 25 June 2016
You have been adequately advised.
Why to repeat?
