LEAVE AND LICENSE AGREEMENT (Flat)

 

BASIC INFORMATION

 

A leave and license agreement is an agreement wherein the licensor allows the licensee to temporarily occupy and use one portion of immovable property for carrying on his business or residential purposes.

Section 52 of Indian Easement Act, 1882 defines License as under:

“Where one person grants to another, or to a definite number of other persons, a right to do or continue to do, in or upon immovable property of the grantor, something which would, in the absence of such rights, be unlawful, and such right does not amount to an easement or an interest in the property, the right is called a license.”

 

FEATURES OF LEAVE AND LICENSE AGREEMENT

 

1. LEGALLY ENFORCEABLE : Leave and license agreement is legally enforceable agreement. On the breach of any terms and condition of leave and license agreement by licensor or licensee they both can sue each other on the basis of Leave and license  agreement.

2. ADDRESS PROOF : Leave and license agreement is the valid address proof for the licensee and this one document can gives you a proper domicile.

3. CLARITY : A registered leave and license agreement ensures that neither the tenant nor the owner can go back on their commitments or exceed their stay in case of a dispute.

4. CONDITIONS : Leave and license agreement specifically provide clause of alteration in the property by the licensor/licensee so the licensor/licensee will be free from extra additional expenses to repair the same on other hand to make such alteration in the said property the licensee need to take the prior written consent of the licensor if the agreement clause is included in the leave and license agreement.