Asked in Landlord or Tenant
What are the conditions and recitals of the Rent Deed regarding such situation? When you are selling your Company means you have no rights over the possession of the Premises Under Tenancy. Legally speaking when you admit new partners it means you are subletting the tenanted premises which is violation of Rent Control Act. It means change of user means unauthorised person occupying the premises for which only you were authorised being legal Tenant. Hope you have understood the ground reality. Thus, manage accordingly. Please give me Rank Five and follow me after reviewing my resume and book a consultation for further discussion and explanation if required.
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