Our family has been renting out a shop on the ground floor of our building for decades. The rent was fixed by our ancestors and hasn’t been updated in all these years. Now, the tenant has bought two more shops, while our family of three is facing unemployment. Despite their comfortable income, they refuse to vacate the shop. Even though we’ve tried increasing the rent minimally, it doesn’t help. The tenant is demanding a hefty sum for vacating the shop. We’re struggling to make ends meet due to our unemployment. How can we get justice, especially when the government promotes self-employment? We’re at a loss and need guidance on how to handle this situation fairly.
Best Answer
The law allows landlords to increase rent periodically based on prevailing market rates, even for long-term tenancies. You can file a case in court to seek a fair rent increase, which will likely be determined based on market value and other factors. However, it’s advisable to consult with a lawyer to understand your specific rights and options for getting the tenant to vacate the shop fairly.
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