Leave and License Agreement
Leave and license agreement for residential property in Pakistan granting temporary permission to use premises.
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Instructions
1. Enter complete legal names, CNIC numbers, and addresses of both licensor and licensee.
2. Specify the property type, complete address, license period, and monthly license fee in PKR.
3. Enter the security deposit amount. Typically 2-3 months' license fee.
4. Both parties must sign in the presence of two witnesses. Notarization is recommended for added validity.
Frequently Asked Questions
What is the difference between Leave and License and Rent Agreement?
A Leave and License agreement creates a personal privilege to use the property without creating tenancy rights. Unlike a rent agreement, the licensee cannot claim protection under rent restriction laws.
Can the license be revoked?
Yes, the licensor can revoke the license by giving 30 days written notice as specified in the agreement.
Is registration mandatory for Leave and License?
While not always mandatory, it is advisable to notarize the agreement for legal protection and evidentiary value.
Can the licensee claim tenancy rights?
No, a Leave and License agreement explicitly does not create any tenancy rights. The licensee occupies the premises as a licensee, not a tenant.
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