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Property sale does not void tenant rights or rental agreements in India

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In India, a tenant's rental agreement remains legally valid even after the property is sold to a new owner. The incoming landlord is obligated to honour the terms established under the original rental contract. Any increase in rent is permissible only if an escalation clause was already included in the agreement. Tenants who continue paying rent to the previous landlord after a sale still retain legal protection. Additionally, tenants' rights to reclaim their security deposit are preserved irrespective of the change in ownership.

Read the full story at Times of India

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Property sale does not void tenant rights or rental agreements in India · ShortSingh