Leave & licence agreement
dinesh
(Querist) 18 March 2013
This query is : Resolved
There is an agreement of LL of commercial premises which will expire on 31/3.Person X who had given deposit insisted to make agreement in the name of his sister's son working with him as licensee. Now for new agreement to be made for 11 month after expiry.X said to make fresh in his own name(X) and committed to get me letter of vacating premises before signing fresh and told that deposit which he(X) paid vide previous agreement may transferred in his own name.How clause of deposit to be written in fresh?
Raj Kumar Makkad
(Expert) 18 March 2013
On expiry of the previous lease, its relevance shall expire for all purposes. You being landlord/licensor should not transfer the previous license in favour of X at this stage rather should make a fresh license in his name as desired in the same way as it was done last year but without mentioning the previous chain thereto.
Devajyoti Barman
(Expert) 18 March 2013
Since new LL agreement is going to be signed, you may include any clause you find amicably settled.
Take help of an advocate to draft the LL.
Devajyoti Barman
(Expert) 18 March 2013
Since new LL agreement is going to be signed, you may include any clause you find amicably settled.
Take help of an advocate to draft the LL.
R.K Nanda
(Expert) 18 March 2013
contact local lawyer.
