Originally Posted by Pinnacle

Hi Buddy
Getting back the heavy deposit back is a problematic
sometimes owners dont have it ready when your agreement expires or is terminated earlier. Then you have no option but to stay there and wait till the owner gets another tenant who would pay the deposit and u get it back..
And with such heavy deposits, make sure your leave license agreement secures it well along with a penalty clause for delay in refund.

Be extra careful to check if the house has a home loan pending. If thats the case, ensure you get a NOC for renting from the HFC

And dont forget to get a good lawyer to do the doucmentation
Ram
Pinnacle Realty