Leave and License vs. Rent Agreements


Nrilegalservices

Uploaded on Jul 8, 2025

Category Business

Written permission to use property without transferring possession. Owner = Licensor | Occupant = Licensee. Control and possession remain with the owner.

Category Business

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Leave and License vs. Rent Agreements

Introductio n • NRIs often rent out property in India for income. • Choosing between Leave & Leave and License vs. Rent License and Rent Agreement is Agreements in India for NRIs crucial. • Both have legal and practical differences that impact NRIs. Understanding the Differences and Benefits Presented by: NRI Legal Services What is a Leave and License Agreement? 1.Written permission to use property without transferring possession. 2.Owner = Licensor | Occupant = Licensee. 3.Control and possession remain with the owner. Benefits of Leave and License • Control remaAingsr weeitmh ent licensor. • Easy eviction process. • Protection of security deposit. • Flexible, clear terms. • Legal clarity, no tenancy rights. • Exempt from rent control laws. • Legal transfer of possession in return for rent. What is a Rent • Owner = Landlord | Occupant = Tenant. Agreement? • Possession and enjoyment rights transferred for fixed duration. Benefits of Rent Agreement 1.Legally enforceable. 2.Defines rights & duties of both parties. 3.Registered for validity. 4.Clear eviction process under rent control laws. 5.Reduces chances of disputes. Key Differences (Comparison Table) Leave & License: ✅ Short-term flexibility Which One Should NRIs ✅ Easy eviction ✅ Avoids rent control laws Choose? Rent Agreement: ✅ Strong legal protection ✅ Better for long-term tenancy • Both agreements protect NRI property interests. • Choice depends on duration, control, and legal complexity. • Always consult a legal expert before execution. • Proper documentation = Fewer disputes ✅ https://www.nrilegalservices.co m 0121-5650566