When a tenant rents a property, they must sign a rent agreement with the landlord. But what happens when the landlord passes away and their legal heirs inherit the property? Can the tenant continue to stay in the property without any legal issues?
The answer is yes, but only if the tenant signs a new rent agreement with the legal heirs. This is important because the legal heirs become the new landlords of the property and have the right to collect rent, evict tenants and make any changes to the property.
The rent agreement with legal heirs must include all the important details such as the rent amount, payment due date, security deposit amount, duration of the agreement, maintenance responsibilities, and clauses related to eviction and renewal of the agreement.
The tenant should also ensure that the legal heirs have the necessary documents and proof of ownership to avoid any legal complications in the future. It is also important to clarify any doubts or concerns before signing the agreement to avoid misunderstandings in the future.
Additionally, the tenant should make sure that the legal heirs have updated their details with the concerned authorities to ensure that the rent payments are being made to the correct account. If the legal heirs do not have a valid PAN card or bank account, the tenant can ask them to get it done before signing the agreement.
In conclusion, when renting a property from legal heirs, it is important to sign a new rent agreement with them to avoid any legal issues. The tenant should ensure that the agreement includes all the important details and clarify any doubts or concerns before signing. It is also important to ensure that the legal heirs have the necessary documents and details updated with the concerned authorities for smooth rent payment transactions.