Is the leave and license agreement generally signed in multiples of 11 months or 12 months? Is there any stipulation of time?
Formerly leave and license agreements used to be signed in multiples of 11 months or 12 months. After The Maharashtra Rent Control Act, 1999 came into force from 1.3.2000 there is no stipulation as to whether leave and license agreement should be in multiples of 11 or 12 months, and there is no stipulation as to total time period. However, Leave and license agreement generally does not exceed three years.
Related Questions
- Is the leave and license agreement generally signed in multiples of 11 months or 12 months? Is there any stipulation when it comes to the total time period?
- Is a leave and license agreement exempt from registration under any circumstances?
- What is the difference between a lease and a leave and license agreement?
