Anil Jotwani 24 April 2025

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3 Licensees in a Residential LL agreement. Concerns to watch for?

Quick Summary

This discussion addresses potential issues when three licensees are party to a residential licence agreement. Key concerns raised include repossession rights, accountability for licence fees and deposits, and the implications of one licensee vacating before the others. The consensus is that the specific terms and conditions within the licence agreement are crucial for clarifying these points.

5 Replies

T. Kalaiselvan, Advocate (Advocate) 24 April 2025

What is that you want to clarify by your post which is devoid of details?

Anil Jotwani 24 April 2025

Mumbai property. 3 Licensees. What are the concerns re: repossession, license fees and deposit accountability, jointly or severally,either Licensee vacating earlier, then registering again etc?