Leave And License Agreement Registration In Kerala

Rent is an agreement by which the owner of the building or land allows other people to use it for a fee for a period of time. A licence is a right granted by one person to another person to do, in or on the concessionaire`s property, something that would be illegal in the absence of such a right, and that right does not constitute an easement of interest for the property. The decisive question is whether or not the instrument must justify an interest in the immovable property, the subject of the contract. If it is indeed intended to create an interest in the property, it is a lease, if not, it is a license. If the document only gives a right to use the property in a certain way or under certain conditions, while remaining the property of the owner, it is a license and not a rental. . . .