Stamp Duty On Leave And License Agreement In West Bengal

3. The handover of the property has no consideration in this regard, since there is no rental agreement or leave and license agreement without handing over the property. To create an online lease for Kolkata or the rest of West Bengal, follow these steps – same requirement as the transfer (No. 23) at the market value of the property of the highest value.” According to the above-mentioned section, if a document gives only one right to use the property in a certain way or under certain conditions, while remaining in the possession and control of the owner, it will be a licence. The legitimate ownership of this property remains in the hands of the owner of the property, but the licensee may use the premises for specific purposes. But for the authorization, its occupation would be illegal. It does not create a succession or interest in the property in its favor. The licence is defined in section 52 of the Indian Easement Act and this law applies to the whole of India. Therefore, each license is subject to the provisions of the said law. If premises are given on license, is given popularly as leave and license. Such an agreement is called a leave and license agreement.

The jurisdiction of the Court of Justice varies from one State to another. But the vacation and license agreement is valid in any state. You need to focus on the evacuation part. Bring in the rental lawyer and count on the agreement. As soon as he does, he will have to admit it in its entirety and will be subject to the 11-month period. The parties involved may know each other, but that`s no excuse to relax your lease. The issues important for the agreement must be defined in the treaty in order to avoid future conflicts. Some of these clauses are – 2) it is necessary to mention in the holiday and license agreement that the licensor retains ownership and ownership of the ground floor. However, if you are walking under the WB Rent Act, this is called a rental agreement under the Transfer of Ownership Act.

1. If you are confused about the right to apply to your situation, leave it to your lawyer, he will take care of all the provisions that could apply to this situation. In a holiday and licensing agreement, legal ownership of the premises is considered to be remaining by the licensor and the licensee is constructive ownership of the aforementioned premises. . . .