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Pandemic-Scarred Tenants Leave Nothing To Chance As Leases Come Up For Renewal
Tenants are waking up to insert specific clauses. Read to know more about them.
17 Mar 2021, 07:54 AM IST
After the Covid-19 disruption, Ramprasad Padhi didn't leave anything to chance when he leased space for his new office in suburban Mumbai. His new pact lists a pandemic among unforeseen risks warranting payment waiver.“When I leased my new office, I inserted the clause that if I’m unable to use the office for reasons beyond my control, such as lockdowns, rent will remain suspended for that period,” the 51-year-old realtor and commerc...
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