We have let out the first floor of our building under a leave and licence agreement. The agreement was for 11 months and renewable for another two cycles of the same duration. After these 33 months the agreement could be renewed but with a 10 per cent increase in the licence fee. Though the licencee increased the rent after 33 months, this time around he is not willing to increase the fee. Can we ask the licencee to vacate the premises? How should we proceed?
A: If the licence tenure of your licencee is over, you could send him a notice to quit the premises. If the tenure is still in existence, you cannot ask him to vacate the premises on the sole ground of his refusal to increase the fee.
0 comments:
Post a Comment