On the other hand, rental contracts or licenses are concluded for a period of 11 months, with the possibility of renewing the contract after the expiry of the contract. As an 11-month rental agreement is a single license for the tenant to occupy the premises in the short term. As a result, most states are not subject to rent control laws. In addition, 11-month leases allow the lessor to take more measures in case of evacuation of the property by the tenant. As a result, most lenders prefer to enter into an 11-month lease, with the option of extending the term of the contract at the end of the contract. A) Sir, according to your request, you can do a few things here before you start. 1. A natural person and an undertaking shall be two separate legal persons. 2. Any problem related to the company will not make you personally liable (unless otherwise stated) As soon as it has been said, you have taken the premises for rent and you want to give them to the partnership company in which you are also a partner. For the same, you need partnership lessors to rent a rental agreement in its own name which, as such, pays a certain amount of rent to the person who took such premises.
Such an agreement is unavoidable and should be made, as it is the partnership company that will work in these premises, and not you [who is another person in the eyes of the law] hope that these are Shreyash Mohta rental contracts of more than 12 months to comply with strict rent control laws that are generally tenant-friendly. Rent control laws currently prevent landlords from overburdening tenants and protecting tenants from sudden or unfair evictions. 1- The partnership company must be registered with the Registrrs of Firm, 1. If both partners (husband and wife) were tenants, both would have had to sign the contract, unless one of them had authorized the other to sign it for and on his behalf. One. ) Sir, in accordance with your request, let us say some things before we begin. 1. A natural person and an undertaking shall be two separate legal persons. 2. Any problem regarding the company does not make you personally liable [unless otherwise stated] After saying this, you have rented the premises and now you want to give them to the partnership company in which you are also a partner. For this reason, your partnership companies must have a lease agreement in their own name, which as such states that the partnership company leases a certain amount from which these premises were taken.
Such an agreement is a must and should be concluded, since it is the partnership company that will work on these premises, and not you [who is another person in the eyes of the law] Hope that it helped Shreyash Mohta 2. If the partnership deed in question indicates that a particular partner is taking care of the operation and signing all the agreements and documents, it is quite normal to take the signature of that partner. 2) Conclusion of a new rental agreement with the parties The rental or lease agreement is drawn on a stamp document. There are 2 types of rental in India, one is a lease that lasts at least 12 months. This is governed by the rent control laws adopted by the Land Government. The other type is a rental and license agreement with a maximum duration of 11 months, which is not covered by rent control laws. A documents signed by a partner of the partnership company are responsible not only for that partner, but also for all partners with the partnership company. The documents are valid in the eyes of the law signed by a partner on behalf of a partnership company, which indicates that he is a managing partner and has the right to sign the documents on behalf of the partnership and other partners….