Clause in rent agreement
BHAVINI SHAH (Company Secretary) (193 Points)
23 April 2012BHAVINI SHAH (Company Secretary) (193 Points)
23 April 2012
Dear Bhavini,
Do not get confused. It's simple. This is a License agreement. The licensor says to the licensee that he (i.e the licensee) has only been given the license to use the premises for a particular period, but he (i.e the licensee) does not become the owner or tenant of the licensed premises.
Regards,
Veeral Gandhi