Leave and Licence Agreement (Commercial) template

Licenses office, shop or warehouse space for a fixed period with licence fee, deposit, lock-in, escalation and maintenance terms.

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What this Leave and Licence Agreement covers

1Grant of licence
2Licence period and lock-in
3Licence fee and escalation
4Security deposit
5Outgoings and utilities
6Use of the premises
7Licensor's obligations
8Termination
9Stamp duty and registration
10Indemnity
11Disputes and general
12Annexure: fixtures and amenities

How it works

1
Fill in the details
Answer a short form: licensor: legal name, licensor: address, licensee: legal name, licensee: address and a few terms.
2
Preview the PDF
See the complete, numbered agreement update as you type.
3
Add who signs
Enter the name and email for Licensee, Licensor, Witness 1, Witness 2.
4
Send for e-signature
Each person verifies with a one-time code and signs; everyone gets the sealed PDF and certificate.

Who signs

Licensee
Licensor
Witness 1(witness)
Witness 2(witness)

You fill in

legal name
address
legal name
address
Effective date
Description of the premises
Permitted use
Licence commencement date
Licence period (months)
Lock-in period (months)
Monthly licence fee (excl. GST)
Escalation every 12 months (%)
Interest-free security deposit
Fee payable by (day of month)

Leave and licence agreements must be stamped as per the State Stamp Act. In Maharashtra they must also be registered (e-registration is available); in other States registration is required for terms of 12 months or more.

Two witnesses are included as signing roles; remove them in the template studio if not needed.

Drafted for India under the Indian Contract Act, 1872 and the IT Act, 2000. A starting point, not legal advice: have your advocate review it for your situation. PDF Sign applies a digital seal and audit trail when the agreement is signed.