I have a property in Faridabad, Haryana which I want to rent out. Property was built in 2002 and is in Authorized HUDA sector. Rental value should be 12000 per month approximately. I myself stay in Hyderabad.
My question is if I rent it out with registered lease agreement are there still chances of the tenent refusing to vacate as per Rent control act? Does the agreement safeguards the property against such actions. Since I stay in Hyderabad my fear is that if some tenent goes to court then I might not be able to prove bonafide necessity required by RCA. Does an agreement done using words "Lessee/Lessor" any better than "Tenent/Landlord"?
Looking for some guidance here.
Regards,
Krishan