Validity Of Leave And License Agreement In West Bengal

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Published on: October 13, 2021

1. It is only an argument that the ownership of the rental property does not exist, which can be invoked in the logic that, if the property is not given, how will the tenant use the rented property? If the Leassor retains ownership of the leased property strip and is free to enter the property he/she has rented to the Leassee, how can the security and privacy of the leassee be maintained? Your contract in question is a lease and not a lease. Unlike a rental agreement, the leave and license agreement does not transfer the right to use the property to the tenant. It is a licence issued by the owner of the property, designated as the licensor, to the licensee in order to use the property for a certain period, under certain conditions, without creating a lease-tenant relationship. For the duration of the contract, the right of ownership remains in the hands of the owner. By definition, it is a document that gives someone the right to do or continue something inside a property. No transfer of ownership interests is created, it simply offers the right to enjoy a property in the short term, while the owner retains any interest. 1. Note that there is no holiday or license in West Bengal. If the contract receives consideration for money, the same would be treated as rent and would depend on the amount of rent, the rental law would be enforced. Long-term lease agreement – Usually signed for residential purposes, long-term leases have a year term. These are large sums of money to be paid in advance and this amount is often returned to the tenant at the end of the term.

They are used less than the 11-month lease. 11-Month Lease Agreement – The 11-month lease is typically used in most rental transactions and is one of the most widely used lease agreements throughout the country. The duration of the rental agreement is 11 months after which both parties can choose to renew or terminate it. Registration and authentic instrument are most often ignored, the duration being less than one year. In a holiday and licensing agreement, legal ownership of the premises is considered to be remaining by the licensor and the licensee is constructive ownership of the aforementioned premises. . . .

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