Home   >>    Investment   >>    Real Estate

Can a tenant (old rental) of a property in Mumbai in a relatively good locality such as Andheri transfer the tenancy rights over to another individual? If yes, what amount of money can be demanded from the landlord for the transfer of tenancy?

Yes, the tenant can transfer the tenancy, with the permission of the landlord at the current market rate.

08 Dec 2008

Yes, the tenant can transfer the tenancy, with the permission of the landlord at the current market rate. According to the current relevant norm, the landlord shall be entitled to 1/3 share.



Get Real Estate Proposals