Listen to the audio file What is a Leave and License Rent Agreement? In Maharashtra, the Leave & License Agreement more commonly known as Rental Agreement is a contract between the Licensor (Property Owner) and Licensee (a person taking property on license). It mainly contains the terms and conditions regarding starting and ending date, total…
Sometimes while doing eRegistration of Leave and License Agreement users may experience Aadhaar Authentication Failure. One of the reasons for this is the lock could be active to access biometric verification would be enabled. To disable the lock follow these steps – I hope your problem gets resolved. FAQ – Online Leave & License Agreement…
An aggrieved person is required to send a legal notice within 30 days from the date of cheque bounce, In case the aggrieved person gets a positive reply to the notice or get the full default payment of cheque amount back within 15 days (Waiting Period) of receipt of such notice then there is no…
Knowing the Government Value is very important while transferring property as this value should be taken into consideration while calculating the Stamp Duty and Registration Fees. As per the rule, Stamp Duty and Registration Fees will be applicable on higher value between the Government Value and Consideration Price. For example – The Government Valuation of…
A. Lock-in Period Clause – By including this clause one party will get compensation if the other party breaks the Agreement before completion of the Lock-in Period. This clause can be conditional for eg 1. Parties can mention exception like if the tenant makes any default in the rent or commit any illegal activity or…
Information is provided as per the process available in Pune. Types of Marriage Registration – Special Marriage (wedding will take place in future) – This is called registered marriage or court marriage. In this type of marriage, parties should inform the registration department and give notice at least one month prior to the desired date…
Leave and License Agreement is a mutual contract between the Licensor and the Licensee and parties can add terms and conditions that best suit their mutual Agreement. There is no fixed format for this, however, the following are the basic clauses that are covered in the format of online rental leave and license agreements in…
This article provides basic information regarding Stamp Duty, LBT, Metro Cess, Registration Charges, and the meaning, rules, and process of registration of Gift Deed of immovable properties in Pune, Pimpri Chinchwad, and the PMRDA area. Meaning of Gift Deed A gift deed is a document by which ownership of the property can be transferred without…
What is Index 2? Index II gets generated when people register documents, such as sale deed, rent agreement, gift deed, etc. in the registration office. Index II contains a short description of the registered document, mainly it shows the following information – See the image below to get an idea. How to search & download…
Section 24 of the Maharashtra Rent Control Act of 1999 is very important as it states, after the expiration of the duration or cancellation if License fails to vacate the premises then Licensor can approach the Competent Authority for the recovery of possession of the licensed premises and can also get the damages from the…