T p act
anand bhaskar burhade
(Querist) 01 March 2012
This query is : Resolved
i want to give premises on leve and licence for commercial purpose ....what is max term to give on licence!whether safe if oremises is given on lease!
Deepak Nair
(Expert) 01 March 2012
It is advisable to give the premises on lease and register teh lease deed after paying the necessary stamp duty, if you intent to give premises for a longer time.
ajay sethi
(Expert) 01 March 2012
stamp duty is lower on leave and licence .
give your premises for 33 months . have a renewal clause in agreement
SAANJAAY GUPTAA
(Expert) 02 March 2012
You can give leave and licence for a period of 11 months with a renewal clause of further 11 months on fresh terms and conditions.