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Sri Lanka Equity Forum » Stock Market Talk » some legal advice please regarding renting a buildinfg

some legal advice please regarding renting a buildinfg

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3mr


Senior Equity Analytic
Senior Equity Analytic
Hi,
first of all please bare with me for the topic not being related to share investment.
I need some legal advice on renting a building. I have a building and hoping to rent this for some time. Can you please enlighten me on the types of legal agreements I can go for in our country and the differences. I am thinking of having an initial agreement for two years. If I go for a lease agreement as opposed to a rent agreement is there any legal advatage I have in aquiring the property back from the tennant after the agreement period.
And also the flexibility of raising the rent during the agreement period w.r.t these options.

your kindly advice on this is much appriciated.
Thanks in advance

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