If the landlord has to bear costs resulting from the irregular termination of the tenant, the landlord can sue the tenant if the damage exceeds the tenant`s deposit. A landlord should only sue the former tenant after relocation. Until the property is leased again, the owner can accurately assess the loss. The lessor may complain about a tenant`s search costs, for the period during which the property remained empty, about legal fees if such a clause was included in the tenancy agreement, and about the difference between the tenancy paid by the new tenant and the rental of the former tenant. Housing.com has launched a fully digital, contactless service to create leases. If you want to complete the formalities quickly and without any problems, you just have to fill out the details, create the online rental contract, sign the contract digitally and get an electronic stamp in seconds. Nearly 12 million housing units in the country`s urban areas remain empty, although millions of people, including workers and students, happen to be migrants seeking rental housing, as the data show. According to official figures, of the 37.4 million students who attended regular university courses in 2018/19, about 15 million were migrants. According to industry estimates, migrant workers in India`s major urban centres will be seven million men by 2023. However, it is not recommended to enter into an 11-month oral lease, as memories fade over time. Therefore, it is advisable to write a rental agreement with all the rights and obligations of the small and tenant and clearly defined commercial terms, in order to avoid any kind of confusion or conflict in the future. Your landlord may charge a fee for changing your lease.
They can only overwhelm you if you have asked for the change. If your landlord charges you for a change you didn`t ask for, you can get the money back or report it to business standards. In most cases, landlords require a deposit that usually corresponds to one or two months` rent. Mention the amount of the guarantee in the agreement and when it will be refunded. Also clarify the prohibition period during which neither the tenant nor the landlord can terminate the contract and make sure it is also mentioned in the contract. “The agreement should clearly mention the consequences of the termination by one of the parties before the end of the lockout period,” said Rajat Malhotra, a partner at Laware Associates, a Delhi-based law firm. As a general rule, if the tenant has to evacuate the house before the end of the prohibition period, the deposit is cancelled by the landlord. If the landlord wishes to evacuate the house before the expiration of the prohibition period, he must compensate the tenant in addition to the actual repayment of the deposit by paying an amount equal to the deposit.