Lessor And Lessee Rights

Full Conversation

****in transfer of property act
Hello! It appears you want to understand the rights and obligations of a lessor and lessee under the Transfer of Property Act. However, laws can vary depending on location. May I ask where you're inquiring from?
Lease meaning in transfer of property act
Hello! The Transfer of Property Act, *, defines a lease in India. According to Section *, a lease is a transfer of a right to enjoy a property, for a certain time, in return for a price paid or promised. Could you clarify where you are located?
Chennai
Hello! Thanks for letting me know your location, Chennai. Under the Transfer of Property Act in India:
- Lessor's rights: Right to rent, right to repossession after lease term, right to use security deposit if rent is unpaid.
- Lessee's rights: Right to peaceful possession, right to sublet unless contractually prohibited.
Remember, rights and obligations may vary based on the lease agreement.