Hello there,
The rent agreement signed between a tenant and the homeowner has numerous details. Name and registration of the property, address of the property, name of the tenant, lock-in period, rent amount, notice period, security deposit amount, etc are given. I am a landlord who has rented out his property as well.
To further clear your doubts, I will be answering ‘what is lock in period in lease agreement?’ When a landlord decides to lease his property to a tenant, a legally binding agreement is created to safeguard the interest of all the parties involved.
The lease agreement will have numerous clauses, out of which, one is called the lock-in period. The landlord and tenant are not allowed to terminate the rental agreement during the lock-in period. Post the locking period, the rent agreement can be terminated.
I will be answering your question from a landlord’s perspective. If you are thinking, ‘Can I just ask my tenant to leave’ post the lock-in period. You have come to the right place. The landlord (you) can give notice stating you would like the tenant to vacate the property.
If you want help renting your flat quickly, post a free ad for your property on the NoBroker website
Need help creating a rent agreement or lease agreement? Check out the NoBroker Online rent Agreement services.
Read more :
What is Lock in Period in Rent Agreement Can We Make An Agreement Without Lock-In Period
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Can I ask the tenant to vacate the property after completion of lock in period?
Rukhsana Ansari
1043 Views
1 Answers
3 Year
2021-11-15T10:57:08+00:00 2021-11-15T10:57:09+00:00Comment
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