Transfer fees in pagdi system

Ajay David (Querist) 18 September 2018 This query is : Resolved
What is the legal Transfer fees if a Tenant wants to sell off his Tenancy Rights to some one else in a Pagdi System? Which law lays down the rules of sharing of the sale proceeds. (of rights in a Pagdi System Tenancy.)

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Kishor Mehta (Expert) 18 September 2018
There is no regulation for sharing of sale proceeds of a rental premises. The tenant and the landlord have to settle mutually. It should be understood that the tenant does not have a right of ownership but only statutory rights of residence and these rights can only be transferred with the consent of the landlord. There is no law that can force a landlord to give his consent, or to specify the share of the sale proceeds that he can demand.

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