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…
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…
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…
Every registered Leave and License agreement gets stored in the Government database by a unique “Document Registration Number (check the above images)”, by using those credentials anyone can check the authenticity of the document. Follow the steps given below to make sure the document is registered and all the information is correct – After a…
Online Registered Rent Agreement – In the case of an agreement registered online, the document number can be found on the bottom of the pages and on the receipt too. Check the image below, it is mentioned that “Registered as Document No.4272/2017 at the Joint S.R. Haveli 25 on 16/04/2017”, so the Rent Agreement Registration…