Leave and License Agreement Comes under Which Act

A leave and license agreement is a legal document that outlines the terms and conditions of renting out a property or part of a property to another individual or business. This agreement is often used in India, and it is important to know under which act it falls.

The leave and license agreement comes under the Indian Easements Act of 1882. This act governs the use and enjoyment of immovable property, such as land, buildings, and other structures.

Under this act, a leave and license agreement is considered a mere permission to use the property for a specific period of time. The agreement does not confer any ownership or possession rights to the tenant, and the owner retains complete control over the property.

The Indian Easements Act of 1882 also outlines the rights and obligations of both the owner and the tenant. For example, the owner is responsible for maintaining the property in a good state of repair, while the tenant is responsible for paying the rent on time and keeping the property clean and tidy.

It is important to note that the leave and license agreement is different from a rental agreement or lease agreement. While a rental agreement or lease agreement grants the tenant possession of the property for a longer period of time, a leave and license agreement is usually for a shorter period of time, such as six to twelve months.

In conclusion, if you are planning to rent out your property in India, it is important to draw up a leave and license agreement that is in compliance with the Indian Easements Act of 1882. This will not only ensure that your rights as the owner are protected, but also that the tenant`s rights are respected. Consulting with a legal expert or a professional professional can help ensure that your agreement is clear, concise, and in compliance with the relevant laws and regulations.