Intellectual Property Rights: Practice and Drafting by Adv Gautam Matani. Register Now!
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Darshan   25 August 2019

Surat law leave and license agreement

I (Licensor / Owner) rented out a Commercial Shop in Surat on registered leave and license agreement signed for 11 months with registration and Stamp Duty has been paid. The Licensee has been in need for his business, therefore renewing L&L after every 11 months continuously for past 3 years. (FY 2019-20 Is the 3rd Year)
However, if I (Licensor) renew L&L for the 4th year with the same Licensee then is there any law which states that:-
1. Licensor looses his rights, claim n ownership over his property?
2. Licensee then can make a claim of being a new owner because he has been sitting in that commercial shop for 4th year in a row?

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 3 Replies

Isaac Gabriel (Advocate)     25 August 2019

The owner of the building can take the shop/ building for his personal occupation/ use.

Nilesh P   26 August 2019

Get the renewal 4th year agreement specifically drafted accordingly will all the pertain clauses favouring the Licensor.
1 Like

Nilesh P   27 August 2019

For more clarification you can share your email address

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