Leave and License Agreement renewal for 2nd term

kknnair (Querist) 15 May 2011 This query is : Resolved
I had given a commercial property for 5years on leave and license agreement to a particular company. Now the agreement is about to expire and same company has expressed a desire to renew the agreement for another 5yrs on leave and license basis. The company has never defaulted on any payments.
Is it safe to renew the agreement to the same company? Please guide on me what extra (clause) should be added while framing the new agreement.

Follow Query

Report Abuse

M/s. Y-not legal services (Expert) 16 May 2011
There is nothing to add new.. If you both are on mutual satisfied mean you can make an endorsement about your willingness to renewal, on the earlier agreement's back side itself. Or very simple you can entered in to an new agreement..

Previous

Next

You need to be the querist or approved LAWyersclub expert to take part in this query .

Click here to login now