Shop on rent from 60 yrs
5 years ago
I m having a shop on rent from 60yrs and paying rent time to time...now the old owner is selling shop....what should i do for safe side i have only income source only that shop....if new owner will say to vacate ... Can i demand for money or what...please have a look in to it....thank you
Deepak Yashwantrao Bade
Responded 5 years ago
A.Dear client if You are still continue paying rent to new landlord then you are protected under the tenancy act. If he deny to take rent then deposits into controller office and send him receipt.try to settle down with discussion and renew your rent agreement with new landlord
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ROBERT D ROZARIO
Responded 5 years ago
A.You're protected under the tenancy act as long as you continue to pay the monthly rent to incoming landlord. If your new landlord refuse to collect rent in hand then send it by money order. If refused to accept MO, deposit it with the rent controller.
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A.Dear Sir,
You may approach civil court and get stay order on both the persons. Your rights are as follows;
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Dear Sir,
Ordinarily, if your landlord sells the rental property where you live, your lease doesn't end (or “terminate”). Rather, the buyer of the property becomes your new landlord and must comply with both the length and terms of the existing lease.
Likewise, you remain bound by the lease and must perform all your obligations and duties under it, such as paying rent, keeping the premises clean, and not destroying or damaging the property.
If you don’t pay the rent or otherwise comply with the lease terms, the new landlord is entitled to the same remedies that the old landlord (the property seller) had against you. This means the new owner can try to collect whatever you owe or could begin eviction proceedings, just as the old landlord could have.
You may approach civil court and get stay order on both the persons. Your rights are as follows;
===============================
Dear Sir,
Ordinarily, if your landlord sells the rental property where you live, your lease doesn't end (or “terminate”). Rather, the buyer of the property becomes your new landlord and must comply with both the length and terms of the existing lease.
Likewise, you remain bound by the lease and must perform all your obligations and duties under it, such as paying rent, keeping the premises clean, and not destroying or damaging the property.
If you don’t pay the rent or otherwise comply with the lease terms, the new landlord is entitled to the same remedies that the old landlord (the property seller) had against you. This means the new owner can try to collect whatever you owe or could begin eviction proceedings, just as the old landlord could have.
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