Upgrad
LCI Learning

Share on Facebook

Share on Twitter

Share on LinkedIn

Share on Email

Share More

Yogesh Bhatt (Company Secretary)     20 May 2016

Leave and licensee agreemnt

Dear All,

Good Afternoon.

I have one query.

I want to give my land to trust t use land for charity purpose.even i will bear all expense to construct office and will not claim from trust becase to claim such project expense in trust, etc.

actually no require to execute any document but just sake of legal formalites we need to execute leave and license agreement with trust.

even i want to give land free to that trust to manage their project, but ownership and right and interest will continue with me.

so, que is ,

1 .is leave and license agreement is right solution ?

2. only token money is Rs. 100/1000 is engough ?

3. shall i do for 10 years ?

4. only rs. 100 stamp paper is oki ?

5. is required registration such license agreement ?

 

 



Learning

 1 Replies

saravanan s (legal advisor)     20 May 2016

If leave and licence agreement is going to be made for a period of more than eleven months then its compulsorily needs to be registered.

Leave a reply

Your are not logged in . Please login to post replies

Click here to Login / Register