The market has an end number of properties in the commercial as well as a residential segment. Those who love to invest in such properties see the viability of the same and rate of return on their investment. For such investors, the simple logic is how much he needs to invest and by when the property can start offering a second earning to him. In such a case those who want quick return can go for a preleased property which can be a beneficial deal as it starts offering the revenue from the very same moment of transfer of ownership.
What is a preleased property?
A preleased property is one which is already given on lease to any party, but the owner wants to sell it and get the capital amount. Hence once the ownership is transferred the new owner can get the rent directly from the tenant. In such case, the tenant is informed about the change of ownership, but he need not vacate the property and only change offering to the rent to the new owner of the property. The trend of pre leased property in noida is much increased these days where the tenant and owners have an agreement, but the owner wants to move out of it to get the capital amount which he can invest in some other assets and generate a better return.
The demand:
As per the experts in the last few years, the demand for such preleased property has been increased. One can find several dealers who deal in pre rented commercial property for sale in india with specialization in shops and office segments. With the increased demand one must also be aware of the points that he needs to consider while going for such properties. Â One must check for the agreement between the past owner and the tenant as it is the key document that can help one know the terms and conditions for the leasing. One can check the condition of the property and measurement in legal documents as well as the agreement with the tenant. One also needs to see the period for which the property is given on lease and if the dues in all respects are cleared by the lessee or not. In case of any discrepancy of record, he must ask for the attention of the original owner and get it resolved.
The benefits:
The preleased properties are availed with a few benefits, and that is why they are more in demand in this era. The foremost important thing here is the revenue which transfers immediately from the old owner to new owner. However, the new owner needs to offer notice to the tenant in case of any change in the current agreement. Many properties are offered on lease to various companies, and they are known as good tenants so in case one gets one such property he can have a regular income in the form of rent which may be far better than the rate of return in case the amount is invested in some other option.