A Lease, defined under Section 105 of The Transfer of Property Act, 1882, is a transfer of the right to enjoy the concerned property for a pre-defined time period or in perpetuity. The lesser (owner of the property) gives the lessee (the one leasing the property) such consideration periodically, usually at the beginning or end of a lease agreement.License  is defined in Section 52 of the Indian Easements Act,1882. License does not allow any interest in the premises on the licensee’s part. It merely gives the licensee the right to use and occupy the premises for a limited duration. A lease deed needs to be stamped and registered. The amount payable towards the lease deed’s stamp duty is more than that payable towards the Leave and License’s. For a period exceeding three years, the stamp duty is same for both agreements.

11 Thoughts on “Want to know the difference between Lease Vs Leave & License agreement”

  • Hey, I think your blog might be having browser compatibility issues.
    When I look at your blog site in Ie, it looks fine but when opening in Internet Explorer, it has some overlapping.

    I just wanted to give you a quick heads up! Other then that, wonderful blog!

  • Thank you for any other wonderful article. The place else may anybody get that kind of information in such an ideal approach of writing? I have a presentation next week, and I’m at the search for such information.

  • Many thanks for this article. I’d personally also like to convey that it can become hard while you are in school and just starting out to create a long credit score. There are many learners who are simply just trying to make it and have a lengthy or favourable credit history can occasionally be a difficult matter to have.

  • Today, considering the fast life-style that everyone leads, credit cards have a huge demand in the economy. Persons coming from every arena are using credit card and people who are not using the credit card have made up their minds to apply for just one. Thanks for expressing your ideas about credit cards.

  • I’m not sure exactly why but this site is loading incredibly slow for me. Is anyone else having this issue or is it a issue on my end? I’ll check back later and see if the problem still exists.

  • Hello, i think that i saw you visited my blog thus i got here to 搟go back the want?I am trying to to find things to enhance my web site!I guess its adequate to use some of your ideas!!

  • I’ve been browsing online more than three hours today, yet I never found any interesting article like yours. It抯 pretty worth enough for me. Personally, if all webmasters and bloggers made good content as you did, the net will be a lot more useful than ever before.

Leave a Reply

Your email address will not be published. Required fields are marked *