LICENSEE hereby grants to The LICENSOR The License to occupy and use the said premises for residence purpose only. The License will be for a period of (___) months commencing from ___ to with minimum 6 months Lock - In Period. LICENSE shall pay for the electricity used in licensed premises as shown by separate meter.
Original Description:
Original Title
WHEREAS the LICENSOR is the owner of the possessed flat of Room no
LICENSEE hereby grants to The LICENSOR The License to occupy and use the said premises for residence purpose only. The License will be for a period of (___) months commencing from ___ to with minimum 6 months Lock - In Period. LICENSE shall pay for the electricity used in licensed premises as shown by separate meter.
Copyright:
Attribution Non-Commercial (BY-NC)
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LICENSEE hereby grants to The LICENSOR The License to occupy and use the said premises for residence purpose only. The License will be for a period of (___) months commencing from ___ to with minimum 6 months Lock - In Period. LICENSE shall pay for the electricity used in licensed premises as shown by separate meter.
Copyright:
Attribution Non-Commercial (BY-NC)
Available Formats
Download as DOC, PDF, TXT or read online from Scribd
WHEREAS the LICENSOR is the owner of the possessed flat
of Room no: __________on the ____ floor of the building
known as __________________ situated at ________________, more particularly described in the schedule hereunder Written (hereinafter called “THE SAID FLAT”) Subject To The Rules And Byelaws Of Said Society is the absolute owner there of.
AND WHEREAS the LICENSEE being in need of premises for
residential use have approached the LICENSOR with the request to allow the LICENSEE to use and occupy the said premises on leave and license basis for a minimum period of ______ months, which the LICENSOR has agreed has agreed to do for the same period, at the monthly compensation and on the terms and conditions hereinafter mentioned.
NOW THIS AGREEMENT WITNESSETH IT IS HEREBY
AGREED BY AND BETWEEN THE PARTIES HERETO AS FOLLOWS:
1. The LICENSOR hereby grants to the LICENSEE and
the hereby accepts from the LICENSOR the license to occupy and use the said premises for residence purpose only. The License will be for a period of (____) months commencing from _ _ to with minimum 6 months Lock – In Period.
2. The compensation for the occupation and use said
premises shall be Rs. /- per month for License Period. LICENSEE shall pay the monthly compensation on or before ____ day of every month in advance. 3. The LICENSEE shall, throughout the terms of the License hereby crated, deposit and keep deposited with the LICENSOR a sum of Rs. as by way of Interest free security deposit for the faithful performance and observance of the terms and condition of this agreement, which shall be refunded by the LICENSOR to the LICENSEE on the expiry or sooner termination / determination of this LICENSEE as the case may be, but after adjusting there from any costs charge and use of the said premises by LICENSEE.
4. In additions to monthly compensation as stipulated above
the LICENSEE shall pay for the electricity used in licensed premises as shown by separate meter. The LICENSEE shall also pay T.V. Cable, Phone, Internet & Bharat Gas Charges. The LICENSOR shall be liable to pay the society outgoing municipal taxes and non occupancy charges in respect to the said premises.
5. It is hereby specifically recorded that the LICENSEE is
not and will not be deemed to be in full or exclusive possession of the said premises and the use and occupation of the LICENSEE will be premises as bare LICENSEE ONLY and this agreement shall not in any manner be considered as any lease, sub lease, tenancy or confer any right title or interest whether legal or equitable or beneficial or of whatsoever nature in the said premises. 6. The LICENSEE shall use the premises, with due care and caution and shall keep and maintain the same in good order and condition.