I am planning to lease a house with homigo company. I am planning to lease a house with homigo company.

6 years ago

Hi,
I am planning to lease a house with homigo company. They have taken the 10 houses in the apartment and have an agreement for 3 years for renting purpose with owner by paying 11 lakhs as security depost and the company has to pay 2.5 lakhs per month to the owner. I am planning to take a single house for lease from the homigo company for rupees 15 lakhs, not from the direct owner. They are ready to provide the agreement for 3 years lease. I have asked for the security in case the company closes. They gave the option of providing post dated check with 15 lakh, same will be mentioned in the agreement.

Could you please suggest how my amount will be secured in such a scenario.

Adv. Sarika Khude

Responded 3 years ago

A.make a agreement sir and do all the financial transaction trough online payment.
Helpful
Helpful
Share

Post Your Matter Post Your Matter

Talk to a Lawyer Talk to a Lawyer

Ask a question Ask a question

Vidhi Samaadhaan Vidhi Samaadhaan

Adv Poonam Manoj Sapate

Responded 5 years ago

A.make a agreement sir and do all the financial transaction trough online payment.
For more details Contact
Adv Poonam Sapate
Helpful
Helpful
Share

Post Your Matter Post Your Matter

Talk to a Lawyer Talk to a Lawyer

Ask a question Ask a question

Vidhi Samaadhaan Vidhi Samaadhaan

Deepak Yashwantrao Bade

Responded 5 years ago

A.dear client For your safely you can get the copy of the agreement signed with the owner by the company. because In the recent days it has become very danger to enter into such dealings. It is not recognized as he is subletting it is not provided by law.
Helpful
Helpful
Share

Post Your Matter Post Your Matter

Talk to a Lawyer Talk to a Lawyer

Ask a question Ask a question

Vidhi Samaadhaan Vidhi Samaadhaan

Rajender Prasad

Responded 5 years ago

A.p;.contact some advocate through vidhikarya.com
Helpful
Helpful
Share

Post Your Matter Post Your Matter

Talk to a Lawyer Talk to a Lawyer

Ask a question Ask a question

Vidhi Samaadhaan Vidhi Samaadhaan

ARPIT BATRA

Responded 5 years ago

A.It's as good as sub letting which can be put you into peril. Be careful in such deals. Regards
Helpful
Helpful
Share

Post Your Matter Post Your Matter

Talk to a Lawyer Talk to a Lawyer

Ask a question Ask a question

Vidhi Samaadhaan Vidhi Samaadhaan

Rajender Prasad

Responded 5 years ago

A.kEEPING IN VIEW YOUR FUTURE REQUIREMENT AND TERMS OF THE LEASE DEED, YOU CAN EXECUTE THE LEASE AGREEMENT WITH THECOMPANY FOR A BETTER RENT AND OTHER FACILITIES
Helpful
Helpful
Share

Post Your Matter Post Your Matter

Talk to a Lawyer Talk to a Lawyer

Ask a question Ask a question

Vidhi Samaadhaan Vidhi Samaadhaan

Rajeev RJ

Responded 5 years ago

A.These companies normally get into an agreement with owner so there is no risk involved. The company pays an amount to the owner and company rents the same to other people on higher rent. For your safely you can get the copy of the agreement signed with the owner by the company.

Regards

Rajeev
RJ Associates.
Helpful
Helpful
Share

Post Your Matter Post Your Matter

Talk to a Lawyer Talk to a Lawyer

Ask a question Ask a question

Vidhi Samaadhaan Vidhi Samaadhaan

Kishan Dutt Kalaskar

Responded 5 years ago

View All Answers
A.Dear Sir,
In the recent days it has become very danger to enter into such dealings. It is not recognized as he is subletting it is not provided by law.
Helpful
Helpful
Share

Post Your Matter Post Your Matter

Talk to a Lawyer Talk to a Lawyer

Ask a question Ask a question

Vidhi Samaadhaan Vidhi Samaadhaan

Abhimanyu Shandilya

Responded 6 years ago

View All Answers
A.There could be a possible case of sub leasing and since you are not directly taking from the owner so it will be better to have a look to the original agreement executed between the company and the owner. Secondly, what at the rights and liabilities that ca be passed down from original owner to the company and finally to the lessee.
The original agreement duration will also impact your agreement duration and all.
Yes, by taking PDC you may have the security of getting back your money but to have a proper rights of enjoying the property you must ensure to have well drafted agreement in conformity with the original agreement.
Helpful
Helpful
Share

Post Your Matter Post Your Matter

Talk to a Lawyer Talk to a Lawyer

Ask a question Ask a question

Vidhi Samaadhaan Vidhi Samaadhaan

Read Related Answers

question iconQuestion on Buying 10 years old flat with registration on hold
Dear Client , you can not rent / lease or sell your property until you have received complete possession of the property. you have to complete registration process for the same before getting into re...
question iconREGISTRATION OF Apartment owners association under companies act
Dear sir, It is ordinarily registered under specific act which might have been enacted by your state government otherwise consult the sub registrar office.
question iconI am being asked to pay more than my neighbour for Open Car Parking
Dear Client, Firstly, document all your interactions with the builder, including dates, times, and any communication (emails, letters, etc.). This documentation will be crucial if you need to escala...
question iconExtra amount for completion of project
Dear Client, Please consult an accountant for the how to include new additional income and if the can be given the rights of a builder. additionally with the consent of the new person they can be a...
question iconRENTAL AGREEMENT
Dear Sir, Unless it is registered lease the locking period is not valid. You may give two months notice and get back your security deposit.