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Notice for vacating Shop In lock in period


06-Jul-2023 (In Property Law)
Hello. I had taken a shop on lease in December 2019 for 3 yrs with lock-in period of 12 months. Deed was registered. During this Covid situation, it was decided that rent will be waived for April and May 2020 and rent will be reduced to 50% starting from June till Sep 2020 post that it will be reviewed. All this is verbal. My query here is - can I give a notice to vacate the shop in the first week of October as lock in period is for 2 months and that will expire on Nov 30, 2020. Also pls do let me know if the security deposit will be refunded in full (equals to 2 months rent) when I vacate the shop or there are any any complications regarding same. Pls guide
Answers (3)

Answer #1
990 votes
If you are willing to vacate the place then send a legal notice to your landlord and also if you have paid the rent on time except for April and May then your security deposit will be returned to you.
Answer #2
763 votes
Yes, you can give him a notice to vacate. but since your rent waiver agreement was an oral agreement, landlord may give you a notice and deduct the balance rent from your deposit. For exact advice you will have to show the rent agree ment only then, I can clearly whether there can arise any other complication or not.
Answer #3
547 votes
for this you are first required to send an intimation letter to the landlord through a lawyer which will be in the words of the rent control act and in favour of the tenant. after serving the notice we have to wait till 15 days for him to reply and in case he assents or does not reply then you can vacate the premises and then can seek your security deposit also.

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