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Leave and Licence Agreement
Leave and Licence Agreement
Leave and Licence Agreement
WHEREAS
NOW THIS AGREEMENT WITNESSETH AND IT IS HEREBY AGREED BY AND BETWEEN THE
PARTIES HERETO AS FOLLOWS:
Tenure
1. The Licensor hereby permits the Licensee and the Licensee hereby takes on Leave and
License basis the said flat and said parking spaces for effective from
__________________ ("the Commencement Date").
2. The minimum hire period shall be _________ months from the Commencement date
(“the lock-in period”).
3. The maximum period shall be __________ months from the commencement date (“the
maximum period”). The last date for this leave and license agreement thus arrives to be
_____________________ (“the last date”)
4. Notwithstanding anything contained in any clause of this agreement, in the event of
breach of any other clause in this agreement, for example, non-payment of monthly
license fees (rent), subletting, internal/external structural damages, etc. the
provision/clause for minimum license period shall not be applicable at all. In such cases,
the licensee shall be served with an immediate eviction notice, at the same time
attracting two months’ notice period pay (see clause 16). All dues may be recovered
from the security deposit mentioned aforesaid.
5. This leave and license agreement may be renewed on new terms and conditions after
the end of the maximum period.
Termination of Agreement
16. No party can issue a notice of termination before the end of the lock-in period.
1. If the licensee issues such a notice, they shall be liable to pay the Lease Fees to
the licensor till the end of the lock-in period.
2. If the licensor issues such a notice, the licensor shall pay the licensee the
equivalent Lease Fees for the balance period from date of the termination notice
till the end of the lock-in period.
17. After the lock-in period, either party herein may terminate this Agreement any time
before the completion of the term of this agreement, for any reason whatsoever by
giving a days’ notice to the other, either in writing or email. This date shall be
known as the termination date.
18. At the end of the normal tenure of this agreement, the agreement may be renewed
under new terms and conditions upon mutual consent.
Licensee’s Responsibilities at the end of termination of this agreement
On the expiry of the period of this license or its’ earlier termination, the Licensee shall:
19. Cause to be handed over to the Licensor quiet, peaceful and vacant possession of the
said flat and the said parking spaces and all the furniture fittings, fixtures and articles
belonging to the Licensor in good and proper condition (normal wear and tear expected).
20. Remove from the said flat any furniture, fittings, articles and effects brought in by the
Licensee in the said flat.
21. Settle all dues if any, payable to the Licensor and or any concerned authority with
respect to water, electricity and telephone charges.
22. Repair any damage caused to the furniture, fittings, fixtures and articles of the Licensor
as per Annexure A (other than normal wear and tear). Please refer to clause 24.
ANNEXURE A
SECOND SCHEDULE ABOVE REFERRED TO as
Attached Fittings & Furniture
<Make a full list of the inventory of items in the apartment and mention their condition.
Get the signation of landlord and tenant on this.>
Sr. Room/Location Furniture or Equipment Condition
/