Hi,
We have incesteral property in himachal and have some shops which have been rented out from more than 20 years now. The rent paid by tenants is bare minimum as compared to current times and they really create fuss in increasing rent or vacating. The kind of paper work does exists but that does not specify any lease end time, its only when that tenants no longer exists I think. The lease in same pattern as it was used to be 20 years ago. Can you please suggest -
1) what can we do to accurate the rent received per month .
2) Or what are the rules to revise the lease and take back the property back from them.
Thanks,
Shveta