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property lease

Rent & Lease Agreement in wake of COVID-19 pandemic

Force Majeure for Rent and Lease Agreement in India

Force Majeure for Rent and Lease Agreement On 24th March 2020 when PM Narendra Modi announced the nationwide lockdown to prevent the spread of coronavirus in India, the entire population was asked to stay indoors. People have not been able to go to work, many have lost their jobs, companies have cut salaries, there has […]

Prahalad Singh

Vandalur

Freehold vs Leasehold

It is imperative for aspirant property buyers to familiarize themselves with the numerous aspects related to ownership of property, before they start searching for a property to purchase. Essentially, there are two basic types of ownership, leasehold and freehold. As per Sumit Jain, CEO of a real-estate portal CommonFloor.com, “A property is neither freehold nor […]

CommonFloor Editorial Team

Guide on how to break a commercial lease

Guidelines for people staying in a leased house and procedures to break a commercial lease There are various instances in which a lease is broken between people. The lease breaking can be either a rental one or a commercial one. There are various procedures involved while breaking commercial lease and the reasons can be either […]

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