Leave and License Agreement
1. Licensor(s): __________________________________
2. Licensee(s): __________________________________
3. Property Address: ________________________________________
________________________________________
4. Duration: ____ Months commencing from ______________ to ______________
5. License Fees: ₹ ____________ Per month.
6. Deposit: ₹ ____________.
LEAVE AND LICENSE AGREEMENT
This agreement is made and executed on ________________ at ____________________.
BETWEEN
Name: ____________________________ Age: ____ Years, ________ (Gender), residing at ______________________________ ______________________________
Hereinafter referred to as the "Licensor" (which expression shall mean and include the Licensor above named and also their respective heirs, successors, assigns, executors and administrators).
AND
Name: ____________________________ Age: ____ Years, ________ (Gender), residing at ______________________________ ______________________________
Hereinafter referred to as the ‘Licensees’ (which expression shall include only the Licensees above named).
WHEREAS the Licensor is the lawful and legal owner and is fully seized and possessed of the premises located at ______________________________ ______________________________. The said premises has ___ Bedroom and ___ bathrooms. Hereinafter referred to as "Licensed Premises".
AND WHEREAS the Licensees have approached the Licensor with a request to temporarily occupy the said premises for residential use on a Leave and License basis for a period of ____ months commencing from ______________ and ending on ______________, on terms and subject to conditions hereafter appearing.
Now it is agreed by and between the parties hereto as follows:
1. Period: That the Licensor hereby grants to the Licensees herein a revocable leave and license, to occupy the Licensed Premises without creating any tenancy rights or any other rights, title and interest in favour of the Licensees for a period of ____ months commencing with effect from ______________ to ______________.
2. License Fee: That the Licensees shall pay to the Licensor the amount of ₹ __________ per month (including / excluding* maintenance, if maintenance is to be paid by the licensee) towards the compensation for the use of the said Licensed premises. The Licensee shall pay rent for a particular month in advance on or before the ____ day of the month.
3. Deposit: Licensees shall pay to the Licensor ₹ __________ (Rupees ____________________________ only) interest free refundable deposit, for the use of the said Licensed premises. That the Licensee shall pay the above mentioned deposit by ______________ (mode of payment). This amount shall be refunded by the Licensor to the Licensee at the time of vacating the said premises, after deducting any outstanding license fees,