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Leave and license agreement for 5 yrs

(Querist) 12 April 2016 This query is : Resolved 
Sir, i want to give my commercial property on rent. The person taking on rent wants to do a wholesale food and drug/medicine business. He says that it is mandatory to have leave and license agreement for 5 yrs to obtain food and drug license agreement from FDA. Will it be fine to do this 5 yrs agreement with him? And what care should i take while making this agreement.
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Rajendra K Goyal (Expert) 12 April 2016
Depends on your wish whether it is fine for you or not. Discuss all aspects with your lawyer.
R.K Nanda (Expert) 12 April 2016
consult local lawyer also. better go for maximum of 3 years L&L.agreement.

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