AGREEMENT TO LEAVE AND LICENSE FOR COMMERCIAL PREMISES

AGREEMENT TO LEAVE AND LICENSE FOR COMMERCIAL PREMISES

THIS DEED OF AGREEMENT MADE ON THIS THE _________ DAY OF _______MONTH __________YEAR.

B E T W E E N

SRI/SMT. _____________, S/D/W of Sri/Smt _____________, ________ by religion, ____________ by occupation, residing at _______________________________(Address with pin code), Post Office & Police Station-________, District- ________, hereinafter called the ?LICENSOR? (Which expression shall unless excluded by our repugnant to the context be deemed to mean and include her successors and assigns).

A N D

SRI/SMT. __________________, S/D/W of _________________, _______ by religion, ____________ by occupation, residing at ______________________________(Address with pin code), P.O. _________, Dist- _____________. Hereinafter called the ?LICENSEE? (Which expression shall unless excluded by our repugnant to the context be deemed to mean and include her successors and assigns).

WHEREAS the Licensor is a owner in possession of a shop/residence Premises cum residential house measuring _______ Sq.ft. (approx) situated at ________________(Name of village/word no/local area),__________(Under City/Block/Panchayat) near _______________________ fully described in schedule below and the Licensor has agreed to give and Licensee has agreed to take the said Shop Premises cum residential house for the business/residence purpose on licensee basis for a period of _______ months commencing from _____day ______month ______year on the following terms and conditions:

That the Licensor hereby agreed to give and the Licensee agreed to take the said Shop/residence Premises situated at ______________________________(Name of village/word no/local area), Near __________________________, __________(Under City/Block/Panchayat)on Leave and Licensee basis for a period of ______ months only commencing from ____ day ______ month _________ year.

That the compensation/ License fee is fixed for such use of said Shop / residence premises is Rs. _________ (Rupees in word) only per month. The said compensation/License fee shall be paid by the Licensee regularly every month in advance by the _____ day of every month.

That this License is granted to Licensee to do any kind of lawful business /residence only at the said Shop/residence premises.

That the Licensee shall not do any illegal activities or immoral activities in said Shop/residence premises and the Licensor shall not be responsible for any of act of Licensee whether legal or illegal being done in the said Shop /residence Premises.

That the Licensee shall pay electric bill to the ____________(Name of State) Electricity Board as per meter reading of Electric Meter installed in the said Shop/residence Premises as per meter reading / electric bill.

That after the expiry of this agreement that is after _____ months if the Licensee fails or neglect to handover the peaceful vacant possession of said Shop Premises to the Licensor, then the Licensee shall pay a sum of Rs. _______ (Rupees in word) daily till the date of handing over the vacant possession of Shop Premises.

It is hereby clearly understood and agreed between the parties that nothing in these presents shall be construed to confer any legal rights of tenancy sub-tenancy, lease, sub-lease etc. on the Licensee and that the Licensee can enjoy the use of the Shop Premises temporarily only at the pleasure and will of the Licensor, subject to the terms and conditions of this agreement.

8. That at least ________ (In word ) month notice is required from either party to terminate the agreement.

9. All existing rates, taxes and out goings in connection of the building premises are to be paid by the Licensor.

10. That the Licensee shall not do any act or thing which may harm or damage to the said Shop/residence premises and shall take proper care of the same as he would take incase of his own property and belongings.

11. That the Licensee shall not do any act or thing which may harm or damage the property of the Licensor in any way whatsoever.

12. That the Licensee will keep the said premises in clean, decent and sanitary condition.

13. That the Licensee agrees to keep the said premises in the same condition as it was given to him and any loss or damage to the property of the Licensor, the same shall be made good by the Licensee.

14. The Licensor or her duly authorized agent shall have the right to visit the said Shop/residence Premises at all reasonable times and to see its safety.

15. That the Licensee is not to allowed to make or permit to made any additions and alternations without the previous written permission of the Licensor.

16. The Licensee cannot allow any other person or sublet the Shop Premises under any circumstances.

17. That this License can be renewed after the expiry of ______ months on fresh terms & condition to be settled between the licensor and licensee if the Licensor does not want to renew this agreement after _______ months then the licensee shall handover peaceful vacant possession of the said Shop/residence Premises to the Licensor.

18. That in case the agreement is not renewed after ______ months, then the Licensee immediately on the expiry of this agreement, removes itself, its employees, servants and agents together with all its articles and things and handover the vacant possession of the said Shop/residence Premises to the Licensor peacefully and without any let or hindrance.

19. That if the Licensor fails to handover the vacant possession of said Shop/residence Premises to licensor after the expiry of _______ (In word) months or as per notice of one month for termination of agreement by the licensor, them Licensee shall pay a sum of Rs. _________ (Rupees in word) daily to the Licensor till the date of vacating and handover of vacant possession of said Shop /residence Premises to the Licensor.

20. That the licensee shall not be entitled to transfer the licensee to any other person or allow any other person to occupy the said Shop/residence Premises.

21. It is agreed by these presents that the Licensee does not acquire any right, title or interest on the said Shop/residence Premises in any manner whatsoever and would use/occupy the said Shop/residence Premises during the currency of this agreement as a mere licensee.

22. That in the event of licensee fails and/or neglect to pay the monthly compensation/license fees for any two months whether demanded or not or violets any of the terms herein provided or in law commits any nuisance or annoyance to licensor or neighbours of residential building, the licensor shall be entitle to terminate the licensee earlier upon a ______ days notice notwithstanding the facts that the contractual period has not expired and in such case the licensee shall leave and vacate the said Shop Premises and deliver the peaceful vacant possession of the said Shop/residence Premises to the licensor.

23. That the License shall pay a sum of Rs._____________ (Rupees in word) only to the licensor as advance money to be adjusted with monthly license fee @ ___________ per month .

24. That though this agreement is valid for 11months only but it will be renewed for a further period of ________ to _________ months or will be renewed till the entire sum of advance of Rs. ___________ is liquidated and it is agreed license fee/ compensation of Rs. ______________ per month shall be increased every renewal hereof @ _____% after ________ months.

SCHEDULE

ALL THAT One Shop room cum residential house measuring ________ Sqft including one shop room facing road, one kitchen, one bed room , one hall room, one bathroom and one toilet etc. situated at ______________________________________(Address with pin code), Near __________, , included in Plot No. _______, recorded in Khatian No. _______ of ______ Mouza, bearing Holding No. ________ of ________________(Block/ Corporation).

In witness whereof the parties to this agreement have set and subscribed there signatures on these presents on the _______ day, ____________, month and ___________year hereinabove first written.

WITNESSES :

1. ______________________ L I C E N S O R

2. ______________________ L I C E N S E E

DRAFTED, READOVER, EXPLAINED

AND PRINTED IN MY OFFICE:

Advocate / _________(Name of place)