Legal Question in Real Estate Law in Pakistan

A lease is a contract calling for the lessee (user) to pay the lessor (owner) for use of an asset. A rental agreement is a lease in which the asset is tangible property.Leases for intangible property could include use of a computer program (similar to a license, but with different provisions), or use of a radio frequency (such as a contract with a cell-phone provider). A gross lease is when the tenant pays a flat rental amount and the landlord pays for all property charges regularly incurred by the ownership from lawnmowers and washing machines to handbags and jewellry.

Licence may be granted by a party ("licensor") to another party ("licensee") as an element of an agreement between those parties. A shorthand definition of a licence is "an authorization (by the licensor) to use the licensed material (by the licensee)."

In particular a licence may be issued by authorities, to allow an activity that would otherwise be forbidden. It may require paying a fee and/or proving a capability. The requirement may also serve to keep the authorities informed on a type of activity, and to give them the opportunity to set conditions and limitations.

agreements like above must be got registered to secure your legal remedies and definitely tax ll be paid as rules and regulations but unfortunately i don't know much about tax law please consult a taxation lawyer. thanks