Leave And Licence Agreement Meaning In Bengali
1. There is no interest in the licensee in favour of a leave and licence contract. At the expiry of the licence, the licensee must evacuate the premises, while a lease agreement is a transfer of an interest in a particular property to the benefit of the purchaser. The reason why apartments/houses/apartments are often licensed for 11 months is that the licensee allows the licensee to withdraw the tenant with minimum notice, since the Rent Control Act does not apply to agreements of less than 12 months. This notice period is indicated in the contract and is generally agreed upon by both parties. Leases give more rights to tenants who are not comfortable with landowners. First, tenants have the right to occupy the leased property over a longer period of time. However, a licence gives the tenant the right to use the property for a limited period of time, which guarantees a regular renewal of the conditions. This regular renewal protects the interests of the landowner, which a lease agreement does not. Leases potentially encourage tenants to occupy the premises permanently, which gives them an interest in the property. In such circumstances, it can be difficult for the landlord to evict the tenant.
e) In the case of a rental agreement, if the contract is for less than 12 months, it is not mandatory to register. However, a lease of 12 months and beyond must be registered. In many countries, a licensing agreement does not need to be registered. 3. In many countries, such as WB, there is a concept of leave and licensing agreement and whether or not it would be considered a leave and a licence as a lease. 1. Leave and the license gives only a license for a specified period after the license must be left by the licensee. it does not give the right to live there at the end of the licence term. As house prices rise these days, such an agreement can help claim ownership of the grantee in the event of a dispute. 1. No consideration goes into the agreement of L-L or, in other words, it is permissive occupation, but in the rental contract it is done in place of rent. Under a lease agreement, the tenant generally owns exclusive ownership of the property.
In other words, a license does not arouse any interest in the premises for the benefit of the licensee.