Lease is defined under Section 105 of The Transfer of Property Act,1882 and a lease of immoveable property is a transfer of a right to enjoy such property for a certain time or in perpetuity on consideration to be rendered periodically or on specified occasions, while a licence is defined in Section 52 of the Indian Easement Act,1882 and it does not create any interest in the premises in favour of the licensee excepting a mere right to use and occupy the premises for a limited duration.

A Licence covers you for normal wear and tear to your office. At the end of a Lease considerable repairs and redecoration are usually required ? usually detailed and therefore costly. When a Licence is taken out there are no legal fees and the process can generally be completed within a few days. See similar questions...

Initially, Syngenta (then Zeneca) arranged for intellectual property controlled by Novartis, Bayer, Monsanto, and Japan Tobacco to be licensed free of charge for the sole purpose of the Golden Rice Project. See similar questions...

Stock footage is licensed for use in a particular production, as agreed. The licence is granted for a specific media (eg) 'free to air television', a period (eg) 'five years' and a territory or territories (eg) Singapore. See similar questions...

Our programs are normally supplied on an unlimited departmental user licence for an inexpensive annual subscription. We try to keep formalities to a minimum so the annual subscription "contract" runs for 12 months and is renewed on each anniversary for a further 12 months unless you inform us to the contrary (in advance). See similar questions...

The Licence covers exclusively the right to store the language versions of the General Conditions in your internal information system and to reproduce these versions in electronic format for use in tenders and contracts between you and your customers and suppliers. The licence also covers the right for your customers and suppliers to print out paper copies of these General Conditions received by you electronically and use such copies solely for the purpose of your tenders/contracts. See similar questions...

It is better to sign under a personal name as in the case of Individual/Sole Proprietor and Partnership. A Pte Ltd may have only S$2 paid up capital and you may not recover debt from the Directors/Shareholder. Never fix the rental on the Option Period as it would affect the shop value for rental return & capital value. Putting the option to renew as " at mutually agreed price" is not valid as it must be determined and agreed by 2 parties. See similar questions...

Before you leave, you have to make full rent payment until the lease termination end date. Otherwise you have to find a new tenant as an replacement (approved by management) to complete the lease agreement. Failure to do results in the security deposit being withheld. See similar questions...

If employment circumstances change and you move to another employer, your vehicle lease payment can be transferred to the new employer. Alternatively, you may continue to make the lease payment to the financier out of your personal savings, pay out the vehicle and keep it or sell the vehicle. See similar questions...

i) In case of an existing and registered partnership firm, all the partners except minors will have to remain present for the execution of Agreement to Lease ii)If any one or more partners are not available, remaining partners can execute the Agreement to Lease provided they hold duly authenticated and specific power of attorney. See similar questions...

You have three basic options: (1) Walk away; (2) Renew the existing agreement; or (3) Upgrade to a different type of solution. See similar questions...

All LAWS Lease Agreements are written for a minimum of 12 months. There is the possibility of writing longer terms, based on the web solution project. See similar questions...

With a few exceptions, the SCF has the use of the Senior Center from 8:30 to 5:00, Monday through Friday. The Fair Board has exclusive use of the center before, during, and just after the County Fair in August and during the four days beginning with Thanksgiving. The agreement also allows the Foundation to use the center one night a month (again, with a few exceptions) for fund-raising activities. See similar questions...

The LPA Apartment Lease is designed specifically to protect landlords against common tenant situations when renting apartments and condominiums. See similar questions...

Generally, if you have to leave before your first year is complete you will forfeit your deposit. We can negotiate that after the first year in an apartment you can leave with 60-day notice without forfeiting your deposit See similar questions...

You should give your landlord or real estate agent notice to quit, which is a letter advising that you want to vacate the premises. Generally, there is a penalty for breaking the lease, and you may be required to pay rent until a new tenant is found. See similar questions...

You must make arrangements to return your notebook at the required time. If you will be outside Western Australia at this time, you may be able to end your agreement early and return the notebook before leaving the state. You should contact the NFT Program Administration Section at Central Office on (08) 9264 5636 to discuss this. See similar questions...

I've got DigiTV hardware, but I keep getting a nagging screen after 2 minutes asking me to purchase a BDA licence. See similar questions...

Flint, Hadley, and South Lake Villages have 12-month leases/agreements in all units. Hadley and South Lake four-bedroom units also have 10-month lease/agreement options. Creekside Village and Flickinger Court have 12- and 24-month leases/agreements. See similar questions...