The State Government has issued an Notification on the 8th June, 2000, prescribing the registration charges as Rs. For premises let out on leave & license in Mumbai, Article 36A of the Bombay Stamp Act, 1958 prescribes that the amount of stamp duty is 0.25% of the sum of (Total amount of rent payable for the period of the leave & license + amount of non-refundable security deposit + [10% of the refundable deposit x no. It cannot be done because as per Registration Act, 1908 documents are required to be presented for registration in the office of sub-registrar within whose jurisdiction the property or a portion of the property is situated. A notary essentially confirms that the copy of the document that he has verified is a true copy of the original. Where the team of a Leave and License Agreement exceeds sixty months, it has to be stamped at the rate applicable to a ‘Lease Agreement’ under Article 36 of the said Act. Is it correct , plesase reply me fast or even message me @ 8275938114? The concept of paid annual leave implies that it is to be taken annually and therefore the maximum period for service on board a ship without leave would be 11 months. Therefore, Leave & License Agreements were being executed for a period of 11 months with the intention with the intention to avoid the stamping and registration of such agreements and treating such. LOCK IN PERIOD: - The initial period of ( ) months of the License Period shall be the Lock-in-period and during the Lock-in-period neither party shall have right to terminate and/or cancel this Leave and License. just doing notary is enough?? 2) the owner wants the PDCs before hand while doing the agreement. However, in States like Andhra Pradesh and Maharashtra, lease agreement or leave and license agreement for a period below 1 year is also compulsorily registrable. NOW AS MY LICENCEE ( A FAMILY ) IS NOT GIVING RENT FOR LAST TWO MONTHS AND HIS DEPOSIT AMOUNT CHEQUE ALSO HAS BOUNCED.WE HAVE ENTERED INTO THIS AGREEMENT IN FEB 2011.PLEASE ADVICE. A tenant can be a contractual tenant or a statutory tenant. However a lease agreement of 1 1 months does not require comp ulsory Registration. 908.wp.7087-2008.doc on leave and licence basis for a period of 11 months commencing from 1.3.1998 and ending on 31.10.1999. There is nothing wrong in continuing the current L&L agreement. LEAVE AND LICENCE AGREEMENT . I have got the registeration done. As per section 23 of the Registration Act, 1908, the document should be presented for registration with 4 months of its date of execution. It is a very simple & hassle free ‘Home Service’. Aside from the most basic condition that the tenancy is only for 11 months, everything must be stated in the contract. There is a practice prevalent in Bombay that Leave & Licence Agreement in respect of a residential premises is entered into and executed for a maximum period of 11 months. To prove any dispute between the parties, the agreement will have to be produced before the Court. I have flat at Kalwa (Thane) & i want to give for rent for 11 months.i want to know it is mandatory to registered agreement?or it is ok if i done the agreement on stamp paper & police verification. 18/05/2011 A leave and license agreement is an instrument/agreement wherein the licensor allows the licensee to temporarily occupy and use one portion of immovable property for carrying on his business for residential purposes. Maximum Rates of Premium for Transfer of Flats/Premises Slum G.R. Does it requires compulsory registration ? Every page of the Lease or Leave and License Agreement including the annexure. The agreemnet was notarised and was for 11 months, now the period is over but the tenant is not vacating instead behaving like gon. Any violation of this may lead to insecurity of your valuable property & will also invite penal actions. In leave and license - the owner leaves the property with various facilities and gives the licensee the right to use it, while this owner (licensor) is on a leave for a period of time. kindly advise, i have a house in nashik which i want to give on lisence basis for residential use . Regards. There is a practice prevalent in Bombay that Leave & Licence Agreement in respect of a residential premises is entered into and executed for a maximum period of 11 months. An agreement of licence in writing shall be conclusive evidence of the fact stated therein. We combine exceptional legal expertise with deep knowledge of clients’ requirement.
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