What is License Agreement?
License Agreement or Leave and License agreement is a written contract between a owner of the property by which the owner grants temporary permission to another person to occupy the property in exchange of occupational charges or License fee for a period not more than 11 months.
License is a permission to do something on an immovable property such as occupation or enjoying benefit thereon or using it for some other purpose . The intention of a License is that the Licensee will have a personal privilege but no interest in the property.
How to make a License Agreement online in India?
Log on to www.legaldocx.in , sign up, then go to page Services, click on to your desired document that you want to create fill it up and submit . Legaldocx will send a draft copy of the document and upon approval and payment through the payment link sent via mail the document will be sent at your address.
TERMINATION OF A LICENSE?
IT can be either Revoked by Licensor either in express or implied manner. As the License is of personal in nature when the Licensor transfers the property, the License also comes to an end.
For License Agreement it is not mandatory to Register it but the said document can be attested by a Notary Public in India.
Best Way to Create a License Agreement Online?
You may create a License Agreement in India online through the Legal Docx in a very little fees/price and you can get it delivered in home (Home delivery in Selected States Only). Legaldocx uses the Best Template of Leave & License or License Agreement in India which is crafted by Senior Lawyers.
Be it noted as the Template of License Agreement is created for a vast use the Legal docx does not assures full practicality but you may decide the same after going through the document when the same will be sent to you.