Menu

    Deemed tenancy is a tenancy that is implied. It is also known as tenancy by holding over.
    According to the Transfer of Property Act 1882, these circumstances lead to a tenancy by holding over:
    A lessee or under-lessee of a property remains in possession after the determination of the lease
    A lessor or his legal representative either accepts rent from the lessee or under-lessee, or otherwise assents to his continuing in possession
    There is no agreement to the contrary
    The expression 'holding over' is the act of retaining possession. There is a distinction between a tenant continuing in possession of a property after the determination of the lease without the consent of the landlord, and a tenant doing so with the consent of the landlord. The former is called a tenant by sufferance. On the other hand, the latter is called a tenant holding over or a tenant at will.
    A lessee holding over with the consent of the lessor is in a better position. The assent of a landlord to the continuance of the tenancy after its determination creates a new tenancy. In such a case, the lease is renewed from year to year, or from month to month, according to the purpose for which the property is leased. Taking an example, assume A lets a house to B for three years, and B under-lets the house to C at a monthly rent of Rs 2,000. The three years expire,
but C continues in possession of the house and pays the rent to A. So C's lease is renewed from month to month. Similarly, in case A lets his house to B for the life of C. If C dies, but B continues in possession with A's assent, then B's lease is renewed from year to year.
STATUTORY TENANCY IS DISTINCT FROM A TENANCY OF HOLDING OVER IN THE SENSE THAT THE FORMER IS MORE SPECIFIC.
    The possession of a tenant who has ceased to be tenant is protected by law. Even though he may not have a right to continue in possession after the termination of the tenancy, his possession is juridical.
    Tenancy by holding over is different from statutory tenancy. Most Rent Control Acts recognise statutory tenancy - either expressly or by implication. In case the tenancy is given protection in any statute, it is termed as a statutory tenancy. In case of a statutory tenancy, the protection given to a tenant in retaining possession, even after the tenancy is terminated, is the creation of a statute. Statutory tenancy is a special connotation which means benefits and advantages are conferred on a tenant by any statute.
    Statutory tenancy is distinct from a tenancy of holding over in the sense that the former is more specific. In case of a statutory tenancy, the terms of rights of a tenant who retains possession by holding over are defined by statute. All Rent Control Acts recognise and afford protection to every tenant against eviction despite termination of tenancy except on the grounds recognised by the Act. As such, no order or decree for eviction can be passed against a tenant unless any such ground is established to the satisfaction of the court.

How we work

Bitcoin is a cryptocurrency, which is a form of electronic cash. This is the first decentralized digital currency: the system was designed to work without a central bank or a single administrator. Many economists and investors consider the Bitcoin market to be a bubble. Bitcoin has also been criticized for its use in illegal transactions, its high power consumption, price instability, and theft from exchanges.

What Is Real Cryptocurrency
Bitcoin is made as a reward for the process known as mining. They can be exchanged for other currencies, products and services. The research produced by Cambridge University estimates that in 2017, there were 2.9 to 5.8 million unique users using cryptocurancency wallet, most of which used bittoine. A cryptocurrency (or crypto currency) is a digital asset designed to work as a medium of exchange that uses cryptography to secure its transactions, to control the creation of additional units, and to verify the transfer of assets. Cryptocurrencies are classified as a subset of digital currencies and are also classified as a subset of alternative currencies and virtual currencies.

Bitcoin, created in 2009, was the first decentralized cryptocurrency. Since then, numerous cryptocurrencies have been created. These are frequently called altcoins, as a blend of bitcoin alternative. Bitcoin and its derivatives use decentralized control as opposed to centralized electronic money/central banking systems . The decentralized control is related to the use of bitcoin's blockchain transaction database in the role of a distributed ledger
 
Top