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A rental agreement or lease may include a "rent review" clause which makes provision for the rental amount to be increased, the process for the landlord to provide notice of a rent increase and the options available to the tenant regarding acceptance or rejection of the proposed increase. [3]
A Lease-Purchase Contract, also known as a lease purchase agreement or rent-to-own agreement, allows consumers to obtain durable goods [1] or rent-to-own real estate [2] without entering into a standard credit contract. [1] It is a shortened name for a lease with option to purchase contract.
The term rental agreement can refer to two kinds of leases: A lease in which the asset is tangible property . [ 3 ] Here, the user rents the asset (e.g. land or goods) let out or rented out by the owner (the verb to lease is less precise because it can refer to either of these actions). [ 4 ]
NMMC is considered one of the most efficient Municipal Corporation in India.Till 2014, the NMMC was headquartered in an eight storied building in CBD Belapur.In 2014, construction of a new civic building was complete and NMMC decided to lease out the old premises after moving into the new one. [4]
The number of migrants to Mumbai from outside Maharashtra during the 1991–2001 decade was 1.12 million, which amounted to 54.8% of the net addition to the population of Mumbai. [ 11 ] Over 7 million people, over 42% of the population of Mumbai, live in informal housing or slums, yet they cover only 6–8% of the city's land area.
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