Tushar Pandya (Chief Accountant) 14 May 2010
We are tenants of rooms on paghadi system at south mumbai from more than 70 years. What is the % of considertion to be paid to landlord for transfer of room in case of sale and % of rent received to be paid to landlord in case of room in given on rent ? is there any separate legislation in place which governs such transactions?
DEFENSE ADVOCATE.-firmaction@g (POWER OF DEFENSE IS IMMENSE ) 20 May 2010
You can give on rent, it amounts to subletting. For transfer of rent reciept it is mutual agreement between landlord and tanent.
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