A Letter Of Consent By Land Lord or owner is a letter written to a bank to clearly state that the rented or least building is owned by particular person and he is authorized to stay in the premises for how many years and on what date he is going to terminate or renew the lease.

A letter of consent template is prepare by the owner and submitted to the bank, where in if the rental is requesting a loan through the bank. When requesting a loan on a rented property an individual should take the permission of the owner.

Take a look at Sample Letter Of Consent By Land Lord, the format is perfect way to get a loan through the bank. Follow the sample letter of consent below and make changes accordingly.

Letter Of Consent By Land Lord Sample

The Branch Manager,
Bank Name:
Bank Branch
Date:
Place:

Dear Sir,

I/We …………………………… [Furnish name and address of the owner], hereby confirm that I am/ are the owner(s) of the Premises with building No ………………… [Furnish full name and address of the Premises] [Herein after referred to as the said premises]. I have leased the said premises on rent to M/s………………………………………………………….. [Furnish full address of the borrower] for a period of ………………… Years, from ………… for the purpose ……………………………
I understand that …………………………… have extended/ agreed to extend credit facilities to the said ……………………………..On the strength of Hypothecation/ Assurance of the assets/ goods/ other materials that may hereafter be charged by way of Hypothecation/ Pledge and be brought or stored from time to time in future by the said ……………………….in the said premises.

1. That I hereby concede the prior lien/ charge of the ………………………..on all such goods/ assets/ materials.
2. That the Bank ………………… and its officers, agents, applicant or assigns will have and continue to have absolute and unimpaired right of access for examination and or to remove the said goods/ assets/ materials stored in the Premises.
3. That I shall give instant notice to the Bank upon the failure of …………………. to pay the rent fixed for the Premises of on closure of the Business or on termination of lease for any reason whatsoever.
4. I also hereby declare that the bank ………………….. May have free access to the said premises without any hindrance at any time and may attach to the said premises, its own locks and name board.

Yours faithfully,

[Owner of the Premises]

Name:
Address: