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Below are some common questions from our customers that may provide you with the answer you're looking for. If you can't find an answer to your question, please don't hesitate to reach out to us.

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What is fit in period?

Fit-out Period or Fitment Period means the period starting from the date of handing over of the Licensed Premises for carrying out fit out activities in order to operationalize the Licensed Spaces.

Does a lease have to be in writing South Africa?

It is not a requirement for the lease agreement to be in writing. However, it is important to get it in writing as a verbal lease agreement may be difficult to prove if there is a dispute about it.

How do you use rent-free in a sentence?

Examples of rent-free in a sentence They refused work opportunities and prefer to live rent-free. There are schemes that allow people to live in a rent-free room with all bills paid. And many new signings live rent-free while looking for accommodation. An added advantage was that he could live there rent-free.

What is lock lease?

Its an insurance program in which qualified renters pay a small monthly fee for approval. LeaseLock insures the property manager against loss of rent in the event of renter default. It also replaces the need for a cosigner, guarantor or collection of extra security deposits.

Do all leases need to be in writing?

A: The answer is almost always yes. A written agreement can act as a roadmap for the landlord-tenant relationship, especially if a dispute arises. Also, real estate (land) leases for more than one year must be in writing. If a lease for over one year is not in writing, it will generally not be enforceable in court.

What is a 12 month agreement?

A lease agreement is a contract between a landlord and a tenant that covers the renting of property for long periods of time, usually a period of 12 months or more.

What is lease lock in period?

The lease provides for a lock-in period of three years from the date of commencement of the lease. It stipulates that if the first defendant was desirous of surrendering the during the lock-in period, it would be liable to pay the monthly rent payable for the remaining lock-in period.

Is lock in period enforceable in India?

The answer is yes. A. if the lock-in clause in a leave and license agreement states that, in case of bdocHub of the said clause, the licensee is liable to pay the rent for the remaining lock-in period i.e., rent of 33 months, is not really enforceable in a court of law.

How long can a tenant stay after the lease expires in India?

If the tenant intentionally fails to pay the rent amount (stated in the rental agreement) for more than 15 days after the due date, you can file the eviction suit. If the tenant has sublet an already rented house/flat/property to another person without your consent or acknowledgment.

What is the term for free rent?

Rent abatement is the legal term for free rent. Essentially, it means a period of time where the tenant (you) is not responsible for paying rent.

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The quickest way to Attach Period Lease For Free with DocHub

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