This is one agreement which is vastly used by many people in India. Whether you want to give your house on leave and license basis or whether you want to take a house on license basis for for that matter even for your office premises.
Some people also use as tax saving by taking house on license basis from their parents.
All the above situations require a proper leave and license agreement to protect both parties.
Though Leave and License Agreement is vastly available whether on google search, with property agents or for that matter even with a photocopy vendor but the agreement which is made available requires alignment plus these documents at times have clauses pertaining to lease agreement. Having lease related clauses in leave an license agreement is the last thing a Licensor wants as then he or she would be giving the tenant an interest in the property.
Off-late, I stumbled upon a website named www.legalformat.in which helps us to create, a read to print leave and license agreement at a low cost and without the cumbersome procedure of checking the alignment, number of pages, etc
A good website to make a leave and license agreement.
CAclubindia
