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Leave and License Agreement | Download Free Templates

Team Lawyered
Team Lawyered
  • Mar 19, 2021
  • 5 min to read
Leave and License Agreement | Download Free Templates Lawyered

What is a Leave and License Agreement? 

The agreement of leave and license permits the licensor (owner) to transfer his licensed premises to the licensee to use it for residential or commercial purposes in return for a fixed amount paid monthly or yearly by the license. 

Why is it important? 

1. This agreement restricts the licensee to hold any right in the licensed premises and also restricts to sublet the licensed premises to any other person. 

2. It preserves the interest of both parties of the agreement. 

3. This agreement can be easily terminated, and in case of any disagreement between the parties, the dispute resolution clause provides speedy decisions.

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Team Lawyered
Team Lawyered

Lawyered is a legal tech initiative designed to change the way people interact with and within the legal industry. We believe that access to critical services like legal should be just a click away. Our team is working to bring legal online, making it cost effective, high quality and accessible for all.

Comments:

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Sophie Asveld

February 14, 2019

Email is a crucial channel in any marketing mix, and never has this been truer than for today’s entrepreneur. Curious what to say.

Blog Comment
Sophie Asveld

February 14, 2019

Email is a crucial channel in any marketing mix, and never has this been truer than for today’s entrepreneur. Curious what to say.

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