A leave and license agreement is a legal document that allows a person or organization to use a property for a predetermined period of time. This agreement is commonly used in rental agreements, where the landlord grants temporary possession of a property to the tenant for a specified period.

When it comes to drafting a leave and license agreement, it is essential to carefully review the terms and conditions. Here are some important clauses that should be included in a leave and license agreement:

1. Rent and Security Deposit: The agreement should clearly state the rent amount and the security deposit required, along with the mode of payment and the due date. The security deposit should be refundable, subject to certain deductions.

2. Duration and Renewal: The leave and license agreement should specify the duration for which the license is granted and whether it can be renewed. It should also mention the notice period required for renewal or termination of the agreement.

3. Permitted Use: The agreement should clearly state the permitted use of the property, including any restrictions on its use. It should also mention any alterations or modifications that are allowed.

4. Maintenance and Repairs: The agreement should specify who is responsible for maintaining the property, including the cost of repairs and maintenance. It should also mention the procedure for reporting any damages or repairs required.

5. Termination: The agreement should specify the circumstances under which the license can be terminated, including any notice required and the consequences of breach of the agreement.

6. Indemnification and Liability: The leave and license agreement should include a clause on indemnification and liability, which specifies who is responsible for any damages, losses or injuries that occur on the property.

7. Governing Law and Jurisdiction: The agreement should specify the governing law and jurisdiction, in case of any disputes that may arise.

In conclusion, a leave and license agreement is a legally binding document that should be drafted with care and attention to detail. It is advisable to consult a legal expert to ensure that all the necessary clauses are included and the agreement is in compliance with the applicable laws and regulations.