Lease and Licence
Ashey
(Querist) 01 April 2009
This query is : Resolved
with whom the possession of the rented premises is vested, if the tenancy agreement is drafted as a Licence
PALNITKAR V.V.
(Expert) 01 April 2009
In the case of lease the possession remains with the tenant whereas in the case of licence it remains with the owner. The nature of the agreement depends on the contents thereof irrespective of the nomenclature. So merely because it is styled as licence it does not become a licence.
Ashey
(Querist) 01 April 2009
Thanks Mr. Palnitkar for enlightening me ...
sanjay singh thakur
(Expert) 04 April 2009
Dear Ashey
The reply by Mr. Palnitkar is the exact legal position on the issue.
Regards.
Y V Vishweshwar Rao
(Expert) 05 April 2009
Shri Palnitker correctly expressed the nature of the document, and with whom the possession vests in case tenant and in case Licencee