Jumping from one bus to another is an additional stress for the already stressful life in the countryside. The long wait at the bus stop and the inconvenience on the bus reduce your productivity. Naijauto.com brings you everything you need to know to have your own car when renting. 2. The owner handed over this vehicle to the renter and authorized the renter to use the vehicle in the usual manner. 12. All disputes, disputes and/or claims arising out of this Agreement shall be settled by arbitration under the provisions of the Indian Arbitration Act 1940 or by a legal amendment the the indian Arbitration Act and referred solely to the Shri arbitration procedure ………….. or in the event of death, refusal, negligence, inability to act as arbitrator for Shri`s exclusive arbitration……….. The arbitrator`s arbitral award is final and binding on the parties. 15. Any delay, negligence, indulgence or indulgence on the part of the Owner in the application of the terms of this Agreement shall not affect the Strict Rights of the Owner under this Agreement. Until the tenant exercises the right to acquire the property under the contract, ownership or ownership of the property remains in the hands of the owner.
Thus, if necessary, the owner can recover his property from the tenant. The law provides that if goods have been leased under a rental agreement and “the relevant part of the rental purchase price” has been paid, the owner cannot assert the right to recover the goods from the tenant, except through legal action to recover the property. The Rental Purchase Act defines what “relevant part of the rental purchase price” means: 9. In the event that the rental is set by the renter or the owner in accordance with clause 6 of this agreement, the renter must immediately return the vehicle to the owner at the expense of the renter. The rent decision, as mentioned above, does not affect or affects the rights that the landlord has against the tenant for late payment or for violation of this agreement or his right to assert this right by recourse or other means. . . .