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.
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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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Authors Of The Question
Can I ask the tenant to vacate the property after completion of lock in period?
Rukhsana Ansari
1019 Views
1 Answers
3 Year
2021-11-15T10:57:08+00:00 2021-11-15T10:57:09+00:00Comment
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