Ketan (Finance Consultant) 09 September 2022
Dear Sir/Madam,
I have rented an apartment in Noida, UP, just 3 months ago. The owner wants to do bank valuation of the apartment,. When asked for reason, he is saying this is a usual valuation which happens every year. I am suspecting and afraid, that he may be looking to sell the apartment and will force me to vacate once his valuation is done.
Can a Lessee, say No to the valuation to be done by his bank ? What can be the possible reasons for him to do this valuation ?
Sidhhi 09 September 2022
Dr J C Vashista (Advocate) 11 September 2022
You have started the sentence with the statement that, " I have rented an apartment in Noida....."?
Further you have stated, that, "....The owner wants to do bank valuation of the apartment.......",
Your post is confusing as to whether you are a tenant or landlord.
However, if you are a tenant you have no right to stop the landlord from getting it valued by Bank and / or seek reasons for it.
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