Lease or Licence

Querist :
Anonymous
(Querist) 18 May 2010
This query is : Resolved
Lease or Leave and Licence agreement, which one is better option to give a residential property to a tenant. Can licence agreement be made in respect of a residential property or it applies on commercial property only. Is regn. of licence agreement compulsory.
Devajyoti Barman
(Expert) 30 October 2010
Leave and license is better an for this no registration is required.