3 Kinds of ‘Tenants’ and their rights

3 Kinds of ‘Tenants’ and their rights

What are the rights of statutory tenant, lessee and licensee?

Letting out premises is a sensitive issue. Both landlords and tenants turn hawkish in any discussion on this. The battle of owners versus occupiers would turn less hostile if each understood their limits, claiming only that which is rightfully theirs. There can be roughly three kinds of occupation – statutory tenant, lessee and licensee. Described below are the rights of each of them.

 

DIVYA B MALCOLM 28/07/2014 03:20 PM  http://www.moneylife.in/article.print_edition.php?id=38233

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