(16) The licensee undertakes to leave and hand over the aforementioned premises at the latest upon the expiry of this contract. If he does not leave and has handed over such premises to Licensor after the expiration of this Agreement, he agrees, dear sir, that you have been kind enough to allow us to use the above premises on a vacation and license basis while our agreement has been signed in this regard. (7) It is also agreed that the electricity and telephone bills for the above-mentioned premises will only be paid by the licensee and that such duly paid invoices will be submitted to the licensor for information and registration. However, the costs of the company/B.M.C contributions/taxes are only paid by the Licensor. (17) The Licensee hereby acknowledges and acknowledges that the parties to this Agreement expressly intend that the relationship between the Lessor and the Renter shall in no way be deemed to be established hereunder or otherwise between them. This Agreement only confirms the mere authorization of Leave and License and does not create any interest in or in such premises or any part thereof for the benefit of the Licensee. This Agreement is not intended to create a lease or any part thereof for the benefit of licensee. Nothing in this Agreement is intended to create a sublease of lease or any other right, title and interest in or to such premises for the benefit of the Licensee, and the Licensee hereby agrees that in no event shall the Licensee claim any rental right, subletting or any other right of any kind in or on such premises (20) Stamp duty and registration fees shall be claimed by the Licensor and the Licensee. (5) It is also agreed that the Licensee will live in such Premises for a temporary period of the Holiday and License Base and will not create any right, title or interest in such Premises by sublease or rental or otherwise. The license granted to Licensee hereunder is revocable and non-transferable, terminated upon expiration of eleven (11) months, as specified above or earlier, subject to the terms set forth in this Agreement.
Image Source: This article was written by Suhasini Kamble, who is seeking a degree in Advanced Contract Writing, Negotiation and Dispute Resolution from LawSikho. Introduction A public holiday and a licence are an agreement temporarily concluded by a licensor and a licensee that allows the licensee to use and occupy all or part of the licensor`s immovable property in order to carry out a commercial or residential activity and to pay a fixed or fixed and accepted amount of rent according to his mutual agreement. There is another confusion here that people assume that the leave and license agreement and the rental or leasing agreement are supposed to be identical. But this is not the case, the two are different from each other. In Vacation and License, the term license means the limited rights/rights given by one party to another to perform certain actions in or on the property, such rights are personal and non-transferable and in the rental or leasing agreement, the rights are transferred for (10) Licensee must file with the licensor at or before entering into this agreement, a sum of Rs- _________ AND CONSIDERING that the Licensor also wishes to divest and license said property for a period of eleven months ranging from _ /__/20_ to _/__/.20__. (9) This License Agreement and the use of the Licensed Premises shall always be construed and governed by the provisions of Section 24 in conjunction with Chapter VII of the Maharashtra Rent Control Act 2000, as amended from time to time, and this Agreement constitutes conclusive evidence of the facts set forth herein. The Licensee has no right to contest in any way the jurisdiction of the competent authority formed in accordance with the aforementioned law. Licensee hereby acknowledges that it is not entitled to protection under any provision of the Act and agrees and undertakes not to seek protection under this Act (notwithstanding any further amendment to the Law or any judgment, order or order of a court). I agree to take legal action after the expiry of the initial or extended duration of the sublease*licensed*custodian if I have failed to obtain free and peaceful possession of the apartment from the subtenant*licensed*custodian and to make the association a party to the proceedings and to reimburse any costs that the company may have to incur in the context of legal proceedings, to repossess the apartment part of the apartment. I would like to receive information about residential and commercial real estate as well as holiday and license contracts The name of the person to whom the apartment* part of the apartment offered for subletting * is offered To give on leave and license * on the basis of the caretaker, is Mr.
__ 5. Not to assign ownership of such licensed premises or any part thereof to anyone other than licensor. [According to Law No. 45 (2) (I)] The application form for authorization to sublet, leave and permit or custodian 5. To use the aforementioned licensed premises only for the aforementioned legal purposes of the LICENSEE and not to use them for other purposes. 10. The Licensor will issue the receipt for the license fee/remuneration that the Licensee pays to it monthly. I, we, Mr.
__________________________________________Limited__________________________________________________________________________________ the basis of the leave and license for the period of eleven (11) months from the date of this Agreement, namely. . . .
