Lessee can give notice of 3 months even before expiry of lock in period so he can leave the premises on expiry of the same.
Can lessee give notice in lock-in period of a lease to lesser
Hi, I want to know Can lessee give notice in lock-in period of a lease to lesser? Following are the relevant lease terms 1. That the lease period be of 3(three) yearsvi.e. 1.6.2013 tp 1.6.2016. The first lock-in period of this lease is minimum One year. The lessee cannot sublet the premises to any other company/person/party. This will result in immediate termination of agreement,forfeiture of security and it will be considered the premises vacated by lessee. Notice Period:- 2. That if lessee wants to vacate the leased premises after completion of lock-in period then he will give written notice of three months in advance to lesser. With these lease terms can lessee give notice within one year so that he can evacuate it just after 1 year i.e. 31.5.2014? Or he has to wait for the completion of lock in period (One year) before giving notice to the lessor? Thanks in advance. Regards, Nitin
Asked 10 years ago in Property Law
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7 Answers
yes,but will have to wait till locking period
Hi Rajeev, Thanks for your quick reply. Can you please elaborate. Does this mean that lessee cant give notice within 1 year i.e. 31/5/2014 and thus he can vacate only after three months of lock-in period i.e. 31/8/2014?
Asked 10 years ago
No he can but have to vacate only after one year.
vacate only after one year.
1. The lock in period is for paying the rent for 1 year,
2. It does not restrain the lesee to issue notice to vacate the leased property after the lock in period,
3. So, the lesee can issue a notice for his vacating the leased premises after the lock in period.
Hi Krishna, Thanks for your valuable answer. I understand that we can give notice after lock in period. My Ques is that Can lessee give notice before lock in period so that lessee can vacate it just after completion of lock in period. so that he does not have to wait for tenure of 15 months (lock in period + notice period). Thanks in advance
Asked 10 years ago
1. Yes, the lesee can certainly issue notice within the lock in period for vacating the leased property after the lock in period,
2. It is not that the said notice can not be issued within the lock in period.
1) lessee cannot be evicted before expiry of one year ie 31/5/2014 . however legal notice can be issued 3 months in advance so that lessee vacates on expiry of 1 year lock in period
