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Home > Forum > Delhi > Rentals > Is there a provision to sub lease a property in India? What are the rules and regulations if so?

Is there a provision to sub lease a property in India? What are the rules and regulations if so?

Q: information on sub lease in India..

sub lease agreement
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Replies (2)
1
Yes, there is a provision to sub lease a property in India. In real estate law, sublease means the lessee assigns the lease to a third party, thereby making the old lessee the sublessor, and the new lessee the sublessee, or subtenant. T he sublessor remains liable to the original lessor for any damage to the property and for payment of rent. The lease agreement will specify whether any assignment or subletting is allowed and under what circumstances.
Ruchi Mishra


2
Yes, it is possible to sub lease, but only prerequisite is that it should be mentioned in the original lease agreement.
Apoorva Ram


3

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