Dear Sir / Madam,
We have been a tenant of a shop for more than 50 years. Ever since, we have been paying the collective rent amount every 2 or 3 years. The owner stays in a different place, so we send the amount by money order. This is the way it has always been going on.
However, this time it has been 65 months since we paid the last rent amount. Neither did the owner ask or remind us, nor did we send it by ourselves.
Finally, a couple months ago, we sent the money order for the total amount due, but he refused and returned it.
He says that he wants us to suddenly pay more than ten times of the current rent rate.
This is not possible for us financially. Besides, can the owner do this legally?
It looks like he either wants us to pay almost 10 times the current rent rate, or vacate the shop.
We are three individuals with three shops (one each) and the same case applies to all three of us.
As for my shop, pfb the rent per month as set by the owner and agreed by me:
1963 - Rs.45
1984 - Rs.75
1995 - Rs.135
2004 - rs.200 (last paid upto 2009)
I believe that the other two shops have (/ had) a similar rent structure as well.
Any advice / help will be greatly appreciated.
Thanking you in anticipation.
Sincerely,
DB / SKS / RG
Asked 10 years ago in Property Law
Dear Sir(s) and Madam(s),
Thank you much for your advice.
I would like to inform you that there never was any written (legal) agreement between us. It has always been based on mutual understanding.
Also, after we talked with the LL's mediator yesterday, it looks like the LL is going to increase the rent from the old Rs 200 p.m. to approximately Rs. 1500 p.m (few days ago he was saying that he will increase it to Rs. 2000).
While my neighbors (the other two tenants) may or may not find this rent increase financially feasible, it is not financially feasible for me.
We too want to settle this matter amicably with the LL, so we are going to talk with the LL directly today and try to bring that new rent figure down as much as we can.
However, what we are more worried about are (we are just thinking of the following possibilities):
1. The LL might ask us to get into a written (legal) agreement starting now.
2. The LL might ask us to agree to have the rent increased every year or every two years from now on.
3. The LL might increase the rent to any amount that he wants (every year / two years), within market rates.
Can we do something if these happen (or can we prevent them)?
Should we get into a written agreement now?
Thanking you once again.
Asked 10 years ago