I recently signed a registered rental agreement with two owners, each responsible for 50% of the rent. However, they now want me to pay the full rent (100%) to a single account. Can I simply get a No Objection Certificate (NOC) from them to make this change without modifying the registered agreement or creating a new one?
Best Answer
A No Objection Certificate (NOC) from the owners alone is unlikely to be legally sufficient to change the rent payment structure. Modifying the registered agreement is essential to reflect the change. Consult a lawyer to understand the legal implications and ensure the revised payment terms are compliant.
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