Rs , sq ft

Removed from Shortlist

My Shortlist ()
Keep track of your shortlisted properties here. Shortlist a property to get started.

Rent agreement for most reasonable cost

Q: Hi I can make a registered leave and license agreement for the most reasonable cost. For a 11 months agreement normally the cost is 2200 (all inclusive) Please reach out to me at 7875040167.

Reply

Also see discussions for
Replies (3)
1
Hi Ruchi,

You can reach out to rentlowprice.com these guys are good in service and have competitive pricing. or call 7020326723.
Rahul


2
Thanks for the information Ravi...
I have few points in my mind like why landlord often licensed for 11 months in their agreement? Is there any specific reason?
Hamsika Iyer


Well Hamiska!!
The reason apartments/flats are often licensed for 11 months is that it allows the licensor to remove or vacate the tenant with minimum notice, as the Rent Control Act (which favours tenants) doesn't apply to agreements of less than 12 months. This notice period will be stated in the contract and is usually agreed upon by both parties.
Ravi Waghmare,  Mumbai
4th April 2017


3
Hi Ruchi!
I would like to know the difference between a Lease and Leave & License Agreement?
Hamsika Iyer


Hello Hamsika!!
When you rent a house, you don't sign a lease agreement. What is usually signed is a leave and license agreement. Why? Because this suits the property owner as it gives few rights to the tenant. This agreement grants permission to reside within premises, for the duration defined in the agreement, without granting the licensee any stake or interest in the property.
Ravi Waghmare,  Mumbai
4th April 2017


4

Ask a Question
120 Characters Left











    CommonFloor Property Search Mobile App now available on Android, iOS and Windows!