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Home lease agreement is expired, i wanted stay next one year , old agreement is legally valid or it is necessary to renewal , Because if i found any home within 1year im ready to shift Im staying in bangalore,Karnataka
Question
Home lease agreement is expired, i wanted stay next one year , old agreement is legally valid or it is necessary to renewal ,
Because if i found any home within 1year im ready to shift
Im staying in bangalore,Karnataka
Answer ( 1 )
If the Lessor is not raising any objection and is allowing you to continue without any objection, the agreement is by conduct renewed. however if you want to stay for only one year, it is advisable to get it renewed for one year and make payment on pro rata basis. You would also need to share the lease agreement for a better advise because sometimes there are clauses in the lease agreement regarding such situations when arisen so kindly contact the team at Instalegal directly by sharing the lease agreement.