Issues with landlord on agreement of shop. Advice.

I am taking a shop on rent from local peoples. They have crated a local market near by my place. They have taken a plot on rent and construing shop and giving them on rent. I have gone thru there agreement by there is below clause in there agreement. 8) No Tenancy: That the Licensees shall not claim any tenancy right and shall not have any right to transfer, assign, and sublet or grant any license or sub-license in respect of the Licensed Premises or any part thereof and also shall not mortgage or raise any loan against the said premises.

Answers (1)

289 votes

Dear sir , such non tenancy , no bird party creation , no mortgage or sub license clauses are common in landlord agreements . WhAt is your actual query ? You need to elaborate your query ... for me to advise you further

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