LEAVE AND LICENSE AGREEMENT
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This agreement is made and executed on 1/29/2021 at Mumbai
BETWEEN,
Mr. _______, Age: ___ Years, PAN: XXXXXXXXXX, Residing at: ________________
HEREINAFTER called ‘the Licensor (which expression shall mean and include the Licensor above named and also his/her/their respective heirs, successors, assigns, executors and administrators)
Mr. _______, Age: ___ Years, PAN: XXXXXXXXXX, Residing at: ________________
HEREINAFTER called ‘the Licensees ’ (which expression shall mean and include only Licensees above named).
WHEREAS the Licensor is absolutely seized and possessed of and or otherwise well and sufficiently entitled to all that constructed portion being unit described in Schedule I hereunder written and are hereafter for the sake of brevity called or referred to as Licensed Premises and is/are desirous of giving the said premises on Leave and License basis under Section 24 of the Maharashtra Rent Control Act, 1999.
AND WHEREAS the Licensees herein are in need of temporary premises for Residential use has/have approached the Licensor with a request to allow the Licensees herein to use and occupy the said premises on Leave and License basis for a period of ___ Months commencing from XX/XX/XXXX and ending on XX/XX/XXXX, on terms and subject to conditions hereafter appearing.
AND WHEREAS the Licensor have agreed to allow the Licensees herein to use and occupy the said Licensed premises for her aforesaid Residential purposes only, on Leave and License basis for above mentioned period, on terms and subject to conditions hereafter appearing;
Period: That the Licensor hereby grants to the Licensees herein a revocable leave and license, to occupy the Licensed Premises, described in Schedule I hereunder written without creating any tenancy rights or any other rights, title and interest in favour of the Licensees for a period of ___ Months commencing from XX/XX/XXXX and ending on XX/XX/XXXX
License Fee & Deposit: That the Licensees shall pay to the Licensor commencing from XX/XX/XXXX the following amount per month towards the compensation for the use of the said Licensed premises.
Rs. ______ per month for the first ___ months
The amount of monthly compensation License fee shall be payable within first five days of the concerned month of Leave and License. Licensees shall also pay to the Licensor Rs. _______ interest free refundable deposit, for the use of the said Licensed premises.
Payment of Deposit: That the Licensees has paid / shall pay the above mentioned deposit/premium as mentioned above by XX/XX/XXXX
Maintenance Charges: That the all outgoings including all rates, taxes, levies, assessment, maintenance charges, non occupancy charges, etc. in respect of the said premises shall be paid by the Licensor.
Electricity Charges: The licensee herein shall pay the electricity bills directly for energy consumed on the licensed premises and should submit original receipts to Licensor indicating that the electricity bills are paid.
Use: That the Licensed premises shall only be used by the Licensees for Residential purpose.The Licensees shall maintain the said premises in its existing condition and damage, if any, caused to the said premises, the same shall be repaired by the Licensees at its own cost subject to normal wear and tear. The Licensees shall not do anything in the said premises which is or is likely to cause a nuisance to the other occupants of the said building or to the prejudice in any manner to the rights of Licensor in respect of said premises or shall not do any unlawful activities prohibited by State or Central Government .
Alteration: That the Licensees shall not make or permit to do any alteration or addition to the construction or arrangements (internal or external) to the Licensed premises without previous consent in writing from the Licensor.
No Tenancy: That the Licensees shall not claim any tenancy right and shall not have any right to transfer, assign, and sublet or grant any license or sub-license in respect of the Licensed Premises or any part thereof and also shall not mortgage or raise any loan against the said premises.
Inspection: That, the Licensor shall on reasonable notice given by the Licensor to the Licensees shall have a right of access either by himself / herself / themselves or through authorized representative to enter, view and inspect the Licensed premises at reasonable intervals.
Lock in period: Both the parties have agreed to set a lock-in period of ____ months during which neither the Licensor shall ask the licensee to vacate the premises, nor the licensee shall vacate the premises on his own during the lock-in period.In spite of this mandatory clause, if the licensee leaves the premises for whatsoever reason, he shall pay to the Licensor license fee for the remaining lock-in period at the rate of agreed upon in the agreement. On the other hand, Licensor shall compensate the Licensee for loss and inconvenience caused to the Licensee if he has been asked to vacate the premises.
Cancellation: That, Subject to the condition of lock in period (if any), if the Licensee commits default in regular and punctual payments of monthly compensation as herein before mentioned or commit/s breach of any of the terms, covenants and conditions of this agreement or if any legislation prohibiting the Leave and License is imposed, the Licensor shall be entitled to revoke and / or cancel the License hereby granted, by giving notice in writing of one month and the Licensee too will have the right to vacate the said premises by giving a notice in writing of one month to the Licensor as mentioned earlier.
Possession: That the immediately at on the expiration or termination or cancellation of thisagreement the Licensees shall vacate the said premises without delay with all her goods and belongings. In the event of the Licensees failing and / or neglecting to remove themselves and / or her articles from the said premises on expiry or sooner determination of this Agreement ,the Licensor shall be entitled to recover damages at the rate of double the daily amount of compensation per day and or alternatively the Licensor shall be entitled to remove the Licensees and her belongings from the Licensed premises, without recourse to the Court of Law.
Furniture and Appliances: The said premises is having the Furniture and Appliances mentioned in the Schedule II. The licensee shall maintain the said Furniture and Appliances in the said premises in its existing condition and damage, if any, caused to the said Furniture and Appliances, the same shall be repaired by the Licensee/s at its own cost subject to normal wear and tear
Registration: This Agreement is to be registered and the expenditure of Stamp duty and registration fees and incidental charges, if any, shall be borne by the Licensee and Licensor equally.
SCHEDULE I
(Being the correct description of premise Apartment/Flat which is the subject matter of these presents)
All that constructed portion being Residential unit bearing Apartment/Flat No _____, Carpet _____ Square Feet, situated on the ____ Floor of a Building known as, _________ standing on the plot of land bearing Survey Number ______ situated within the revenue limits of _______ and _______ District and situated within the limits of ________
IN WITNESS WHEREOF the parties hereto have set and subscribed their respective signatures by way of putting thumb impression electronic signature hereto in the presence of witness, who are identifying the executants, on the day, month and year first above written.
SCHEDULE II
Sr No. | Item | Number of Units |
Name and Address | Photo | Thumb Impression | Digitally Signed |
Licensor Name: _______ Address: ________________ | Photo | ||
Licensee Name: _______ Address: ________________ | Photo | ||
Witness of execution of all executants Name: ______________ UID: ______________ Address: ______________ | Photo | ||
Witness of execution of all executants Name: ______________ UID: ______________ Address: ______________ | Photo |
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