Rights of the Lessor:
A lessor enjoys certain privileges under the property laws of the land. As laid down by the Transfer of Property Act, 1882, the rights enjoyed by a lessor are as follows:
- Right to timely accrual of lease amount by the lessee as
per lease deed. Lessor has the right to approach the lessee
or in extreme cases, seek legal services against undue delay
or complete non-payment of lease amount. Any such delay if
comprehended due to natural causes, the lessee should inform
the lessor.
- Right to know about the condition his property is in after
possession by the lessee. However, care should be taken by
him not to infringe on the privacy of the lessee.
- Right to know of any changes that the lessee might want
to make in the Lease Deed. He should be informed and made
a party to any thought or action to change the terms or a
term in the lease agreement.
- Right to notify the lessee of an intention to increase
the rent, keeping in view the changing trends or increase
in lessor services. There should be a clause in the Agreement
that allows out-of-turn hike in rentals, otherwise as per
law, no hike is allowed until the duration of lease expires.
- Right to be informed of any disclosures to which the lessee
has access to without the knowledge of the lessor. Not doing
so intentionally by the lessee makes him liable for judicial
action and the lessor can seek legal remedies if he wishes
so.
- Right to protect his property from willful or circumstantial
damage by the lessee. He has the right to be informed of the
purpose of entering into a lease by the lessee.
- The lessor has the right to get back his property on repossession
in the same shape as was before the lessee moved in. He can
timely check the property for proper and intended usage by
the lessee.
- Right to repossess the property complete with all fittings
and furnishings as affixed by him. If the lessee causes damage
to the fixtures, and it is not due to natural wear and tear,
the lessor can claim from him charges for repairing damaged
fixtures.
- It is further deemed as the duty of a lessee to pay all
charges for supplies like electricity, water till the time
of possession. The lessor has the right to not pay such dues
from his own pocket. Even if the lessee has left after determination
(termination) of the lease, he can be summoned legally if
the lessor wants to and make him pay the dues.
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