Meaning Of Leave And License Agreement

Other legal provisions in India are rental agreements. Under the Rent Control Act, the tenant may take the premises for rent from the lessor, with an amount set as rent for commercial or private purposes. Legally, however, the landlord or landlord cannot take over the premises as long as the rent is paid. In the case of leases, a large sum is paid and the monthly rents are no longer payable. Rent control laws currently favour tenants. These prevent landlords from overburdening tenants. In addition, in the case of a lease, the right of ownership of a property is transferred to the tenant, which makes it more difficult for the lessor to evacuate the tenant. Therefore, owners do not prefer to enter into leases of more than 12 months. „.