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Surrender of tenancy rights

Querist : Anonymous (Querist) 16 December 2017 This query is : Resolved
X is a tenant of a shop for past 55 years with an oral agreement with land lord, he has been payinh rent regularly. Now tenant nd landlord have mutually agreed to vacate the shop for a compensation, what is legality of such compensation? Is there any agreement which can be made?

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Guest (Expert) 16 December 2017
When it is mutually agreed there could be no other requirements.

Guest (Expert) 16 December 2017
If at all any suspicion an agreement could be made with the help of local advocate.

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