What is the difference between lease and leave and license agreement?

[whitecreg]

I would like invest some money in real estate. my real estate agent has told me about lease and license agreement so let me know What is the difference between lease and leave and license agreement?

[whitecreg]

I am still waiting for any good reply. I want to know this kind of agreement is really agreement or not.

[davidbraken1]

I think those are papers for renting the property out to a tenant. I know many people use those as an agreement. Not sure which ones are the best. I know "Professional Publishing" makes those contracts also. Other suggestions on documents?

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Detroit Homes for Sale

[eric]

Originally Posted by whitecreg

I would like invest some money in real estate. my real estate agent has told me about lease and license agreement so let me know What is the difference between lease and leave and license agreement?

A lease of immovable property is a temporary transfer of the right to enjoy that property of a certain time period or till eternity on consideration to be rendered sometimes or on particular occasions. A lease by deed will required a conveyance and a solicitor to draft the agreement contract. License is the right to use and occupy the property for a limited duration. The leave and license agreement does not give tenants any ownerships right of the property. Both these documents are required to be registered. The rental agreement involves a lot of complexities so the best thing would be to seek professional advice or a legal help in that case.