Document background
The Letter to Tenant of Intent to Sell Property is a crucial document in the Indian real estate landscape, used when a property owner decides to sell a tenanted property. This formal communication is required under various Indian property laws, including the Transfer of Property Act 1882 and state-specific Rent Control Acts. The document serves multiple purposes: it provides official notice to the tenant, outlines the proposed sale process, addresses property viewing arrangements, and informs tenants of their legal rights, including any right of first refusal. The letter must be carefully drafted to comply with both central and state-specific legislation, as requirements can vary by jurisdiction within India. Property owners typically use this document at the beginning of the sale process, before listing the property or engaging in serious negotiations with potential buyers, to ensure transparency and legal compliance.
