Intrst on delay payment on rent part

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Querist : Anonymous

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Querist : Anonymous (Querist)
04 May 2012 delay in the rent payment under the leave & licence agreement,is lessor charge ,can charge 18 % p.m. interest?


is it demad i sjustifiyable?

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Guest (Expert)
04 May 2012 If its mentioned in the agreement then it is payable if the lessor is adamant about it. Now a days in all sch agreement penal interedt clause is put into it but practically no one pays.

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Guest

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Guest (Expert)
04 May 2012 If its mentioned in the agreement then it is payable if the lessor is adamant about it. Now a days in all sch agreement penal interedt clause is put into it but practically no one pays.


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