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This document is a license agreement between a licensor and licensee for occupancy of a residential property. It outlines the following key points in 3 sentences: The licensor agrees to grant the licensee permission to occupy and reside in a 102 square foot flat located in New Panvel, Maharashtra for 11 months, in exchange for a monthly license fee of Rs. 14,800 and a security deposit of Rs. 50,000. The licensee agrees to use the premises only for residential purposes and not sublet any part of it. The agreement specifies responsibilities for repairs, payments of utilities and taxes, and restrictions on alterations to the property.

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kumarsudhir806_14358
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106 views1 page

Page 2

This document is a license agreement between a licensor and licensee for occupancy of a residential property. It outlines the following key points in 3 sentences: The licensor agrees to grant the licensee permission to occupy and reside in a 102 square foot flat located in New Panvel, Maharashtra for 11 months, in exchange for a monthly license fee of Rs. 14,800 and a security deposit of Rs. 50,000. The licensee agrees to use the premises only for residential purposes and not sublet any part of it. The agreement specifies responsibilities for repairs, payments of utilities and taxes, and restrictions on alterations to the property.

Uploaded by

kumarsudhir806_14358
Copyright
© © All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
Available Formats
Download as PDF, TXT or read online on Scribd
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2

AND WHEREAS:.

The Licensor is the owner of Flat No. A


* 102, Swagat co. operative HousinS Society Ltd. Plot No.

22, sector -9, Khanda colony, New Panvel { w) oist - Raigad, Maharashtra, 410206 Admeasuring

area about sq ft. {Hereinafter referred to as the said premises}'

AND WHEREAS:-

has requested the Licensor to


The Licensee being temporarily in need of premises for himself and

allow the Licensee to use and occupy the said premises on the
tefms and hereinafter contained'

NowITIsHEREBYAGREEDBYANDBETWEENTHEPARTIESHEREToASFo[toWS:-

into and occupy the


1. The Licensor do hereby grant to the LIcENSEE the permissior to enter

said premises for a period of 11 months from o1 /07 I 202lta 31-l0sl2o22

perform the
2. The LIcENSEE convents with the Licensor that the Licensee observe and
following terms and conditions to pay monthly License fee of Rs'
L4,B00l' {Rupees Eight

Thousand Five Hundred OnlY).

Fifty Thousand
3. The Licensee agrees to pay to the Licensor a sum of Rs,SO,000/- {Rupees

only) as a security deposit. free) simultaneously with the execution of these


flnterest
presents.

The securitv deposit i.e. Rs.50, fi)Ol- shall be refunded by the Licensor
to the Licensee,
4-

simultaneously with the handing over the vacant possession of


the said premises on the

termination or earlier determination sf this License'

The Licensor here by confirms having granted to the Licensee a License


to o{cupy and use
5.
is not applicable}
the said premises for the Residence/shoploffice purpose {strike whichever
purpose and the Licensee shall have no right to $ansfer or part with the benefit
of this

to any other person nor shatl it use it for any other purpose. Licensee wilt use the
License

said premises for business/residential purpase and he is not allowed


to give anY part of the

premises on rental basis to any other person'

The licensor shall pay society charges, taxes, and atl other outgoing
of society for the said
6.

premises. And the Licensee shall pay as per bill of electricity'

to be carried out any structural additions or


7. The Licensee shall not carry out or cause
the Licensor
alteration in the said premiseg without prior permission in writing from

premises and the


8. Th€ Licensor shall at his own cost carry out all major repairs to the said

licensee shall carry out all minor repairs as may be necessary to keep
the said premises in

good condition.

o.trnersisn\0'

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