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Former Member
May 11, 2011 at 04:59 AM

Escalation clause with regard to Security Deposit Contract

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Hi,

How to check if any option is there for having escalation clause with regard to Security Deposits contract?

As you know, the periodic posting for security deposit contract happens only once. Suppose, when rent amount( Rs.10,000) gets increased @ 10%(i.e., Rs. 11,000) in next year then, how to handle this kind of situation??

Regards,

Shankar