Lawyers redraw rent agreements with new ‘lockdown’ clause after ‘disputes’ over payment

Property owners have begun inserting a lockdown clause in new agreements with tenants following disputes over payment of rent for the lockdown period.

Fresh agreements being drawn up by lawyers mention that in case of a lockdown there will be no waiver of rent or mention a mutually agreed percentage of the rent that could either be waived or deferred.

Read more at :

https://economictimes.indiatimes.com/wealth/real-estate/lawyers-redraw-rent-agreements-with-new-lockdown-clause-after-disputes-over-payment/articleshow/76438118.cms

Categories: News