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Leave and License

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Property Resolve specializes in drafting and registering Leave and Licence Agreements in Pune and across Maharashtra, providing a streamlined and secure solution for temporary property arrangements.

In Maharashtra, the Leave and Licence Agreement is a widely used and legally recognized document that permits an individual (the Licensee) to temporarily occupy and use an immovable property belonging to another (the Licensor). Unlike a Lease Deed, a Leave and Licence Agreement does not create any tenancy rights or transfer any interest in the property to the Licensee.It’s essentially a grant of permission, making it a preferred choice for many landlords and tenants in Pune and Mumbai due to its flexibility and landlord-friendly nature, particularly concerning eviction.

Key Features and Benefits of a Leave and Licence Agreement

* No Transfer of Interest: The fundamental difference from a lease is that the Licensee only gets the right to use the property, not exclusive possession or any interest in it. The Licensor retains full control and ownership.

 * Easier Eviction: As no tenancy rights are created, the process of regaining possession for the Licensor upon expiry or termination of the agreement is generally simpler and faster compared to a traditional lease.

 * Shorter Durations: Commonly, these agreements are for 11 months, which offers flexibility for both parties and avoids certain complexities associated with longer-term leases under specific acts. While they can be for longer periods (up to 60 months in Maharashtra), 11 months is typical.

 * Mandatory Registration in Maharashtra: Irrespective of the duration, a Leave and Licence Agreement is compulsorily registrable under the Maharashtra Rent Control Act, 1999, and the Registration Act, 1908.

 * Lower Stamp Duty: Generally, the stamp duty for a Leave and Licence Agreement in Maharashtra (0.25% of the total rent + refundable deposit interest + non-refundable deposit) is lower than that for a Lease Deed for longer durations.

 * Clear Terms: Despite its temporary nature, a well-drafted agreement clearly outlines the terms, including:

   * Licence period

   * Licence fee (rent) and payment schedule

   * Security deposit and refund conditions

   * Maintenance responsibilities

   * Permitted use of the property

   * Notice period for termination

   * Access rights for the Licensor

When is a Leave and Licence Agreement Ideal?

Residential Rentals

The most common use, offering landlords more control and easier recovery of property.

Residential Rentals

The most common use, offering landlords more control and easier recovery of property.

Paying Guest Accommodations

Clearly defining the terms of stay without creating tenancy.

Paying Guest Accommodations

Clearly defining the terms of stay without creating tenancy.

Short-Term Commercial Use

For temporary office spaces, pop-up shops, or short-duration projects.

Short-Term Commercial Use

For temporary office spaces, pop-up shops, or short-duration projects.

Holiday Homes/Service Apartments

For transient occupation.

Holiday Homes/Service Apartments

For transient occupation.

How Property Resolve Assists with Your Leave and Licence Agreement

Our team at Property Resolve understands the intricacies of Leave and Licence Agreements in Maharashtra. We provide a seamless, legally compliant service from drafting to registration

  • Personalized Consultation

    We discuss your specific needs and the nature of your property to ensure the agreement aligns with your objectives.

  • Precise Drafting

    We prepare a legally robust Leave and Licence Agreement, meticulously covering all clauses to protect your interests, adhering to the Maharashtra Rent Control Act and Indian Easements Act, 1882.

  • Stamp Duty Calculation & Payment

    We guide you on the exact stamp duty payable as per the Maharashtra Stamp Act, 1958 (Article 36A), including calculations for refundable deposits.

  • E-Registration Process

    We facilitate the mandatory e-registration of your agreement through the IGR Maharashtra portal, ensuring it is legally valid and recognized. This includes preparing necessary documents, managing online submissions, biometric verification, and witness attestations.

  • Documentation & Delivery

    We ensure you receive your registered Leave and Licence Agreement promptly.

  • Expert Advice

    We provide clear answers to all your questions, ensuring you fully understand the implications of the agreement.

Why Choose Property Resolve for Your Leave and Licence?

01

Maharashtra-Specific Expertise

Deep understanding of local laws and regulations governing Leave and Licence Agreements.

02

Hassle-Free Registration

We simplify the often complex e-registration process, saving you time and effort.

03

Protecting Your Interests

Our primary goal is to draft an agreement that minimizes risks and secures your rights as a Licensor or Licensee.

04

Transparency

Clear pricing and communication at every step.

05

Convenience

We aim to make the entire process as smooth and efficient as possible for you in Pune.

Call to Action

Ensure a legally sound and flexible arrangement for your property.

Contact Property Resolve today for expert drafting and registration of your Leave and Licence Agreement.