Mumbai Leave and License Agreement
₹250.00
Get Draft @ ₹250This document is a Comprehensive Leave and License Agreement template designed to establish detailed terms for residential property licensing arrangements in Mumbai.
Key Features
- Clear non-tenancy structure explicitly preventing creation of tenant rights while granting a revocable residential license
- Flexible lock-in framework with mutual compensation clauses for early termination during the lock-in period
- Comprehensive financial terms including license fees, security deposits, TDS provisions, and 12% penalty interest rates
- Balanced maintenance responsibilities allocating structural repairs to the licensor and minor maintenance to the licensee
- Strong eviction and enforcement mechanisms including double compensation for holdover and self-help remedies
- Mutual indemnification clauses protecting both parties from third-party claims and breach consequences
- Force majeure provisions including pandemic and emergency-related accommodation and termination rights
- Comprehensive clause coverage governing usage restrictions, inspection rights, inventories, and compliance obligations
Ideal for: Property owners in Maharashtra seeking residential licensing arrangements, Owners of furnished residential properties, Short-term or flexible residential occupancy arrangements, Licensors seeking to avoid tenancy law complications, Parties seeking balanced legal protection without creating tenant rights
Key Differentiator: Creates a revocable license structure instead of a tenancy arrangement, Prevents applicability of tenant protection laws while allowing lawful residential use, Provides comprehensive legal safeguards for both licensor and licensee, Well-suited for Mumbai and Maharashtra residential licensing practices, Balances flexibility with strong enforcement and compensation mechanisms
Table of Contents
- License Term
- License Fee
- Security Deposit
- ...
- Registration & Stamp Duty
- Governing Law and Jurisdiction
Disclaimer: This agreement does not constitute legal advice or legal services of any kind. This is merely a first draft provided for your ease. Please consult a lawyer before you finalise the draft.