Ritesh Shah, Mumbai
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Termination of leave and license agreement
Q: Hello, I have rented a 1 bedroom flat in Mumbai and signed 11 month leave and license agreement. There is no lock-in period and the agreement clearly states that, both parties can terminate the agreement by giving 1 month advanced notice. Does this mean I can terminate my agreement in 5 months by giving notice in 4th month. Appreciate your response. Thanks....Ritesh

Latest Answer: Hi All, This kind of agreement is specific to the city of Mumbai where owner prefer to use this agreement rather than a standard Tenancy or Lease Agreement in order to save on the Stamp Duty and registration charges. A Leave & License agreement is usually for a period of 36 months.

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