rental agreement
5 years ago
Am from trichy. In Aug 2016, while we entered shop rental agreement(registered), building owner fixed lock in period to pay rent for 2 years, whether we run the business or not. Due to loss, we closed business on Oct 2017 & handover the shop key with notice (prior to 9 months). We demand to repay full amount of security deposit. Owner says, he will refund after deducting remaining 9 months rent. Till now, no tenant occupied. Is it legally correct or against law?
A.If the building owner has rented out the shop to anyone else, you can firs tissue a notice and file a case for recovery, Otherwise it is a futile attmept.
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Ashish K Dongre
Responded 5 years ago
A.Depending on rental agreement, take a professional lawyer for more details.
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A.Yes you have to pay.
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Ambrose Leo
Responded 5 years ago
A.What is the terms of lease rent agreement that after one month notice or three month notice period on either side. In any case you need not to pay for the rent for 9 months.Take guidance & help of lawyer from panel of Vidhykarya for quick settlement of issue.
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