Leave and License Agreement: All things to know about Leave and License Agreement

By |2021-02-10T12:05:12+00:00December 5th, 2020|Categories: General|Tags: , , , , , , , , , , |

A leave and license agreement are compatible with a rental agreement. Simply put, a leave and license is an understanding, where one party (the owner, named the ‘licensor’) provides a limited right to use his/her premises to the other party (called the ‘licensee’) for rent. This arrangement is recommended since it generates no lasting legal rights [...]