Rent agreement is a thing of the past, landlords should get these strong legal documents made – ..

Before giving a house on rent, there is always a fear in the mind of every landlord that the tenant may take possession of the house. To avoid this, every landlord makes a rent agreement. Often people feel that after making a lease agreement, no one will be able to take possession of their property, yet there remains a possibility of dispute. But, we are going to tell you about such a document, after getting it made, your ownership rights on the house will become even more secure. If you want to be free from the fear of tenant taking possession of the house, then definitely get ‘Lease and License’ made. Because this document protects the interests of the landlord. There are such provisions in this legal document, due to which the tenant does not get a chance to occupy the property even if he wants to.

How is ‘Lease and License’ formed?
Making ‘Lease and License’ is not a difficult task. This paper is also easily prepared like a rent agreement or lease deed. Property expert Pradeep Mishra told the entire process of getting it built. Pradeep Mishra said that lead and license are also like rent agreements, only some provisions change in them. Rent agreement is mostly made for residential property and its duration is only 11 months. Whereas lease agreement can be made for more than 12 months.

This special thing is written about possession
The special thing is that this paper is used in both residential and commercial properties. The term of lease and license can range from 10 days to 10 years. You can get this document prepared only on stamp paper through a notary. But, if you want to get a lease agreement for more than 10 or 12 years, then it will also have to be registered in the court.

Whether you have a lease agreement or a lease and license, both these documents are solely meant to protect the interests of the landlord. Because it is clearly written in it that a particular property is being given on lease to a particular person for a period of so many years or days and the tenant will not ask for any kind of right on the property under any circumstances.