Intrst on delay payment on rent part

This query is : Resolved

Querist : Anonymous

Querist : Anonymous (Querist)

04 May 2012 delay in the rent payment under the leave & licence agreement,is lessor charge ,can charge 18 % p.m. interest?

is it demad i sjustifiyable?

Guest

Guest (Expert)

04 May 2012 If its mentioned in the agreement then it is payable if the lessor is adamant about it. Now a days in all sch agreement penal interedt clause is put into it but practically no one pays.

Guest

Guest (Expert)

04 May 2012 If its mentioned in the agreement then it is payable if the lessor is adamant about it. Now a days in all sch agreement penal interedt clause is put into it but practically no one pays.

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