Shop on pagdi

This query is : Resolved 

22 November 2011 Sir,
My father has a shop on pagdi on rent basis for around 19 years. We want to give it on rent to some third party, but the landlord is asking to pay 40% of the rent which we will receive for every month. Please suggest how can we sublet the shop in the right manner?

23 November 2011 It depends on the agreement.
And, I think your father may have to pay what the landlord is asking, if nothing is specified. If you go ahead with the arrangement, do it in writing. Else he may frame the case and make it a ground for eviction.

Read this:
https://www.lawyersclubindia.com/experts/Pagri-Shop-202526.asp

23 November 2011 Thanks sir,
We are already considering to negotiate with landlord and settle it at a lower price but is it OK to pay the landlord a fixed percent of rent every month?
Is there any other way to "sublet" the shop with landlord's consent, like obtaining a N.O.C. ?

01 December 2011 Yes, you should do it in writing and legally.

Paying a fixed % of your rent income from subletting will be good, as it would help you prove your stand(that you sublet it with your landlords consent) in future in case any dispute arises.


You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now



Similar Resolved Queries


loading


Unanswered Queries



CCI Pro

Follow us
add to google news


Answer Query



Company
22 June 2026
Accountant

Global Image Technologies Private Limited

New Delhi

MBA

View Details
Company
16 July 2026
Manager - Finance & Accounts

Aliens Group

Hyderabad

CA Final

View Details
Company
ARTICLESHIP 15 July 2026
CA Articles

Kinjal H Shah & Co.

Mumbai

CA Foundation

View Details
Company
ARTICLESHIP 08 July 2026
Article internship

AJAY SINGH AND CO LLP

Thane

CA Final

View Details
Company
ARTICLESHIP 14 July 2026
Article Assistants

R Shyam and Associates

New Delhi

CA Final

View Details
Company
Featured 18 July 2026
Senior Manager- Finance & Accounts

apricus india

Ahmedabad

CA

View Details
Company
ARTICLESHIP 07 July 2026
Articleship

Jawahar and Associates Chartered Accountants

Hyderabad

CA Inter

View Details
Company
ARTICLESHIP 11 July 2026
Article

SNCO

Mumbai

CA Inter

View Details