Legal Question in Real Estate Law in India
property matter
What is the difference between Lease and Leave and License, does lease or leave and license gives rights in the property as a ownership to the Lesse or the Licensee , Me as a landlord ,what should I enter as a rent agreement
Asked on 9/03/07, 8:40 am
1 Answer from Attorneys
Prabhat Shroff
Shroff & Company
Re: property matter
Under a lease, the lessee gets certain rights governed under the transfer of property act, though no ownership rights; while under a leave and license, the licensee gets the right of only using the property on the terms of the license.
As alandlord, it is always advisable to go for leave and license.
Answered on 9/04/07, 1:28 am
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