Quote:
Originally Posted by amitsingh08
Pinnacle - this advice is invaluable. Thank you.
I plan to:
1. Check if house has pending home loan. How to do this? You mean just ask landlord?
2. Include in lease that if deposit not returned, I get to stay for Rs 1 rent 
3. If deposit returned late - I need it with 18% interest
Any recommendations for lawyer?
Thanks again!
Amit |
Ask landlord if he has taken loan. Double Check with the co-operative housing society or the builder is the society is not formed or registered. Loans are recorded with a copy of lien letter with the society or builder.
Put a clause that in case deposit is not refunded, you dont have to pay rent for such period till it is not refunded and you recieve interest 18% or more
And most important of all, look at the financial condition of the landlord. If he seems the kind who doesnt manage his finances well, you are in for a long fight to get your deposit back
As for a lawyer, try Anil Harish & Co in Mumbai
Ram