LEASE ADMINISTRATION
Ensure that lease are renewed at appropriate periods and at prevailing rent(s) in the market with due consideration to sitting tenancy.
Reminder notice on expiration and renewal of lease would be served on the tenants (six) 6 months and three (3) months to the expiration of the existing lease.
Notice for renewal of rent would be demanded for in writing three (3) months before the expiration which will be followed by payment of the new rent.
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