anand das (service) 26 April 2010
Hi,
1. Why generally 'Leave & License agreements' are only for 11 months ?
2. Whats the problem, if it is made for 12 months or more?
3. If we have to renew a 'Leave & License agreement' after 11 months time ; Should we execute the new agreeement on the next day itself or after a break of atleast one day ? Why ?
thanks
Kuljit Pal Singh (Legal Professional) 27 April 2010
Dear Friend,
There is a difference between terms Lease & Licence, the lease agreeement can be more than 11 months provided u have to do registration of such lease, to avoid registration hassles and fee people made agreement for only 11 months.
A licence can be more than 11 months and it does not require any registration etc.
Regards
anand das (service) 11 June 2010
Dear Kuljit thanks for the reply. I got the point.
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