Amendment status not verified — confirm the current text below against the official source.
(1) A tenant who is in occupation of a dwelling- house built at his own expense on a site belonging to the landowner shall have the right to purchase such site from the landowner at the price agreed upon in writing between him and the landowner or in the absence of any such agree- ment at such price as may be determined by the prescribed authority. (2) A tenant who intends to purchase the site of a dwelling-house in pursuance of the provisions of sub-sec- tion (1) shall give to the landowner a notice in writing in the prescribed manner of his intention to do so (3) Where a landowner has received notice under sub-section (2), he shall within one month of the receipt thereof, communicate in writing to the tenant the price at which he is willing to sell to him the site of the dwelling- house. (4) Where a landoner fails to communicate to the tenant the price in respect of the site of the dwelling- house under sub-section (3), or where the tenant is not willing to pay the price demanded by the landowner for such site, the tenant may make an application in the pres- eribed form to the prescribed authority within the pres- eribed period for determination of the market value of the site. v M (5) On receipt of an application under sub-section (4). the prescribed authority shall, after giving the parties an opportunity of being heard, determine, by an order in writing the market value of the site, Option to tenant to purchase gits of dwelling- house. 132 TENANCY AND AGRICULTURAL [1955 : Pepsu Act 13 LANDS | (6) An order made under sub-section (5) shall be served upon the landowner and the tenant and if the tenant deposits with the prescribed authority the market value of the site of the dwelling-house as determined under that sub-section within six months, from the date of the service of the order upon him, the site shall be deemed to have ® been transferred to the tenant, and the amount so deposited shall be paid to the landowner. (7) The prescribed authority’ shall, on payment of the prescribed fee, issue to the tenant a certificate containing the prescribed particulars in respect of the site of the dwelling-house deemed to have been transferred to the tenant under sub-section (6) and notwithstanding any- thing contained in the Indian Registration Act, 1908 (XVI of 1908), no such certificate shall require to be registered under that Act. (8) Where a tenant fails to deposit the market value of the site of the dwelling-house under sub-section (6), he shall be deemed to have relinquished his right to purchase such site. | Right, o