A Leave & License Agreement is a legal document under Maharashtra Rent Control Act where the licensor (owner) grants permission to the licensee (tenant) to use the property for a specific period. It's mandatory to register such agreements online as per Maharashtra Government e-governance initiative.
Under Maharashtra Registration Act, 1908, Leave & License agreements must be registered online through the e-registration portal. The process includes document submission, biometric verification, stamp duty payment, and digital signature by both parties.
As per Maharashtra Stamp Act, stamp duty for Leave & License agreements is calculated based on rent and deposit amount. For agreements up to 3 years, stamp duty is 0.25% of total rent plus deposit, subject to minimum βΉ200.
Yes, biometric verification is mandatory as per Maharashtra Government guidelines. Both licensor and licensee must provide Aadhaar-based biometric authentication for identity verification during the registration process.
Required documents include: Valid Aadhaar Card and PAN Card of both parties, passport size photographs, property ownership documents, and witness identification. All documents must be verified as per Maharashtra Government guidelines.
Leave & License agreements registered under Maharashtra law are valid for the period specified in the agreement, typically 11 months to 5 years. The agreement can be renewed with mutual consent and fresh registration if required.