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If I am a
tenant (old rental) of a property in Mumbai in a good area like
Andheri, can I transfer my tenancy ? If yes, what amount of money
can I demand from the Landlord for transfer of tenancy
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A
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Yes, you can
transfer the tenancy, with the permission of the landlord. The rate
is that which is prevailing in the market, the norm being that the
landlord shall be entitled to 1/3 share.
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Now that
the Maharashtra Rent Control Bill has come into force and the Pugree
has been legalised, what is the percentage of sharing between the
landlords and the tenants ? |
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A
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No fixed
percentage is prescribed by the Act, but the norm is 1/3 share goes
to the landlord.
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Is there a
provision by which a landlord is bound to spend a certain percentage
towards the maintenance of his property ? |
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No.
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Where does
one register new tenancies in Mumbai ? |
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A
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With the
Registrar of Sub Assurances located at Old Custom House, Shahid
Bhagat Singh Road, Fort, Mumbai-400001 and at Bandra Kurla Complex,
Bandra.
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Is one
required to register existing tenancies as well ? |
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A |
No.
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If a
property is kept vacant for a period of one year, can it be let out
at market rent ? |
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Yes.
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How does
one determine the market rent ? |
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A
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There is no
prescribed manner but it can be easily found out by approaching such
people as the brokers, registration authority, and appropriate
authorities etc.
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How many
months rent can the landlord take as deposit ? |
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Three
months.
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In case a
tenant is not protected by the Rent Act, what is the procedure to
ask him to vacate and what is the notice period required to be given
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Normal
procedure is to send a notice to the tenant, failing which a court
case may be filed which usually takes 10 to 20 years to reach a
verdict.
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This is
with reference to the Bombay Rent Act. We are tenants of an old
building, which was repaired, by all the tenants in the year
1995-96. We are 32 tenants and would like to form a Co-operative
Housing Society without the landlord's permission. Can we form the
society ? |
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A |
Yes.
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70% of the
tenants are ready to form a society. Is there any new provision in
the new rent act for forming a society ? |
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There is no
new provision in the new Rent Act regarding the prescribed
percentage of tenants willing to form a society.
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Please
suggest any way to form a society without the landlord's permission. |
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A
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Approach the
registrar of Co-operative society and file the various relevant
documents.
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I had a
lease agreement for 6 years for a shop with a built in escalation
clause @ 20% after 3 years. My lease expired on 31.3.2000 and my
landlord has sent a written letter asking to pay rent at an enhanced
rate. Is this sufficient to continue my lease or should I enter into
another lease ? If I continue on the strength of this letter, are my
rights affected ? |
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Yes. It is
sufficient but not full proof. The rights won't be affected as long
as enhanced rent is paid. It also depends on the period/tenure
prescribed in the letter. It is always advisable to make a new
agreement with the landlord.
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I am a
landlord of a building. I purchased the property in May, 2000 (at
'x' amount). Mr. 'A' was staying there since many years and the rent
receipt is in his name. He expired 12 years before, he and four
sons, namely B, C, D & E. Now B has 2 daughters. 'C' has 2
daughters. 'D' has no children. 'E' has 1 son, named "F". "F" is
staying since 30 years. 'F' wants to surrender his tenancy rights.
B, C and D have left the flat since the last 30 years and have been
staying elsewhere - what should I do as a landlord? |
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Transfer the
rent receipt in favour of Mr. 'F'.
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Do B's and
C's daughters have any right over the property ? |
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No.
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What type
of agreement do I have to make with the new tenant, considering the
new Rent Act ? |
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No, new
agreement is required.
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If "F"
gives a notice in writing, to the landlord, to transfer the tenancy
right in his name since he is staying in the flat for 30 years and
at the time of expiry of his grand- father, he and his father 'E'
were staying there, is it admissible to transfer the tenancy in 'F's
name and then transfer to the new buyer ? |
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Yes.
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If I take
an indemnity bond from 'F' that there are no legal heirs, or if he
indemnifies me, then is it possible for 'B, C, D' to take some legal
action against me ? |
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No.
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Would the
transfer fee that I get, be my capital gain or my income ? |
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The transfer
fee will be treated as income not capital gain.
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'M'
purchased a flat in June 96 from a bank employee. The bank employee
has not discharged the loan till date. For the purpose of flat
registration and society transfer, M requires a NOC from bank. M
paid stamp duty (under amnesty scheme). The bank employee has not
paid the maintenance charges of the flat before June-96 also. Can
society ask 'M' to pay the maintenance charges prior to the June 96?
What is the procedure to get NOC from the Bank? Is 'M' the legal
owner of the above flat ? Can 'M' sell the flat again ? |
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Yes, if 'M'
has not obtained NOC from the society at the time of possession. You
can get NOC by repaying the outstanding loan amount. M is not the
legal owner till NOC from the bank is obtained. Yes. Provided 'M'
obtains the NOC from the bank and Society. |
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