What is the process for renewing or terminating a tenancy agreement in India?

Answer By law4u team

The process for renewing or terminating a tenancy agreement in India can vary depending on the terms specified in the agreement. However, there are some general guidelines that apply to most tenancy agreements. Renewal of Tenancy Agreement: If the tenant wishes to renew the tenancy agreement, they should inform the landlord well in advance, usually at least 30 days before the end of the existing tenancy agreement. The landlord may agree to renew the agreement or negotiate new terms, such as a change in rent or a longer or shorter lease period. If both parties agree to renew the agreement, they can sign a new tenancy agreement with the revised terms. Termination of Tenancy Agreement: If the tenant wishes to terminate the tenancy agreement before the end of the lease period, they need to give notice to the landlord as per the terms specified in the agreement. The notice period can vary depending on the duration of the lease, but it is usually 30 days. In case the tenant fails to give the required notice, the landlord may deduct a penalty from the security deposit. Similarly, if the landlord wishes to terminate the tenancy agreement, they need to give notice to the tenant as per the terms specified in the agreement. The notice period can vary depending on the duration of the lease, but it is usually 30 days. In case the landlord fails to give the required notice, they may be liable to pay compensation to the tenant. In case of any disputes related to renewal or termination of the tenancy agreement, both parties can try to resolve the issue through negotiation or mediation. If that is not possible, they can seek legal recourse through the appropriate channels. It is advisable for both parties to keep a copy of the tenancy agreement and other relevant documents for future reference in case of any disputes.

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