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Leave and License Agreements (15% Off on total Bill)

What is a Leave and License Aghreement?

A Leave and License is an agreement between the owner of the property (licensor) and tenant (licensee) which allows the licensee to use and occupy the licensor’s immovable property for the purpose of carrying on business activity or for residential use and pay a fixed amount of rent or license fee as per their mutual understanding. Leave and License agreements are prevalent in Maharashtra, popularly in Mumbai. It is necessary to have the leave and license agreement registered under the Maharashtra Rent Control Act 1999. Leave and License agreements are prevalent in Maharashtra, popularly in Mumbai. It is necessary to have the leave and license agreement registered under the Maharashtra Rent Control Act 1999

Why is Leave and License Agreement Important?

Performance of necessary obligations under the agreement
Prevent unnecessary breaches by the parties
Timely payment of license fee
No transfer of ownership

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Frequently Asked Questions

A leave and license agreement is governed by the Indian Easement Act, 1882 and is different from a rental or lease agreement.
Yes, a Leave and License Agreement is necessary to be registered under the Maharashtra Rent Control Act 1999.

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