This Leave and License Agreement (“Agreement”) is made and executed on this ___ day of __________, 20__ at _______________.
BETWEEN
[Licensor’s Full Name], S/o/D/o
______________, residing at
______________ (hereinafter referred to as the “Licensor”, which expression shall, unless repugnant to the context, include his/her heirs, executors, administrators, and assigns)
AND
[Licensee’s Full Name], S/o/D/o
______________, residing at
______________ (hereinafter referred to as the “Licensee”, which expression shall, unless repugnant to the context, include his/her heirs, executors, administrators, and assigns)
1. Description of Licensed Premises
The Licensor hereby grants leave and license to the Licensee to occupy the premises situated at:
[Full Address of the Property] (the “Licensed Premises”), for the purpose of
[Residential / Commercial] use.
2. Term
This Agreement shall commence on
[Start Date] and shall continue for a period of
[Duration] months/years ending on
[End Date] unless terminated earlier as per the terms hereof.
3. License Fee
The Licensee agrees to pay the Licensor a license fee of Rs.
__________ (Rupees
______________ only) per month, payable in advance on or before the
___ day of each month.
4. Security Deposit
The Licensee shall pay a refundable security deposit of Rs.
__________ (Rupees
______________ only) at the time of signing this Agreement. The Licensor shall refund this amount without interest after deducting any dues or damages at the time of termination.
5. Use of Premises
The Licensee shall use the Licensed Premises solely for
[Residential / Commercial] purposes and shall not use it for any unlawful or hazardous activity.
6. Maintenance and Repairs
7. Utilities and Taxes
The Licensee shall pay all charges for electricity, water, gas, telephone, internet, and other utilities consumed during the term of this Agreement. The Licensee shall also pay any applicable taxes.
8. Entry by Licensor
The Licensor or their authorized representatives shall have the right to enter the Licensed Premises during reasonable hours with prior notice for inspection or repairs.
9. Subletting and Assignment
The Licensee shall not assign, sublet, or part with possession of the Licensed Premises or any part thereof without prior written permission from the Licensor.
10. Termination
11. Indemnity
The Licensee agrees to indemnify the Licensor against any loss or damage caused to the Licensed Premises due to negligence or misuse by the Licensee.
12. Governing Law and Jurisdiction
This Agreement shall be governed by the laws of India. All disputes arising out of this Agreement shall be subject to the exclusive jurisdiction of the courts at
[City].
IN WITNESS WHEREOF the parties have executed this Leave and License Agreement on the day, month, and year first above written.
Licensor:
Name: _______________________
Signature: ___________________
Date: ________________________
Licensee:
Name: _______________________
Signature: ___________________
Date: ________________________
Witnesses:
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