A Leave and License Agreement is a legal document used primarily in India to allow one party (the licensor) to let another party (the licensee) use their property for a specific period without creating a landlord-tenant relationship. This type of agreement is commonly used for rental properties, offices, and other commercial spaces.

Key Features of Leave and License Agreements:

• Temporary Nature: Unlike lease agreements, which can create long-term rights and obligations, leave and license agreements are typically for short-term use.
• Revocability: The licensor retains the right to revoke the agreement, typically with a notice period.
• Non-Transferable: The rights granted under a leave and license agreement are non-transferable unless explicitly stated otherwise.
• No Interest in Property: The licensee does not gain any interest in the property; they only receive permission to use it.
• Specific Use: The agreement outlines the specific purposes for which the property can be used.