Possibilities of early termination of rent agreement
Rajeev Ramachandran
(Querist) 14 January 2015
This query is : Resolved
Dear Sir,
I am a landlord and have signed an agreement with my tenant for 15 years with 10% increase of rent once in every 5 years.
On oversight I didn’t even cross checked the sections of – to vacate or Notice period, were the Rent agreement-says, only a 3 month notice period valid to the landlord by the tenant and nothing in vice versa .
In current scenario, what all possibilities are there, either to terminate the agreement or to negotiate for a better rent?
Thanks in advance.
Regards
Rajeev Ramachandran.
Devajyoti Barman
(Expert) 16 January 2015
No one can traverse beyond the terms of the agreement as far as termination of it is concerned.
Honour its clauses.
T. Kalaiselvan, Advocate
(Expert) 19 January 2015
Query repeated. You may visit the previous thread where you will find more answers.