Leave and Licence Agreement for Business Premises (India)
Price $10.00
Document Id : 8804
If you own a business in India but are unable to carry on your business on a full-time basis, license part of your premises to another business with this Leave and Licence Agreement.
Provisions of the Agreement include:
- The licensee will occupy a portion of the shop premises to carry on its business.
- The licensee will pay an interest-free security deposit, which will be refunded at the end of the licence period, less any amounts owing to the licensor.
- The licensee will pay a monthly fee for its use of the licensed area of the premises, plus a portion of the electricity bills.
- The Agreement does not create a tenancy or sub-tenancy between the parties, and the licensee will have no right, title or interest with respect to the shop premises.
This Leave and Licence Agreement is governed by Indian laws. This is an English language template form provided in MS Word format and is fully editable to meet your specific needs.
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