*Leave and license agreement / RENT CONTRACT + TENANT VERIFICATION
*TENANT VERIFICATION OR TENANT BACKGROUND CHECK
*Leave and license agreement / RENT CONTRACT
*TENANT VERIFICATION OR TENANT BACKGROUND CHECK
*Leave and license agreement / RENT CONTRACTS
*Leave and license agreement / RENT CONTRACT + TENANT VERIFICATION
Physical notary not required
No need of physical police verification from local authorities.
No need of running around in document handling,arrangements ,processing and preparation.
No physical intervention of the parties required in processing and execution.
Aadhar based digital signature for smooth and fraudulent free signature.
KYC validation and cross verification in on-boarding the parties/user
A Leave and License Agreement is a legal agreement governed by the Indian Easements Act 1882. Through this agreement, a lessor, a licensor, or the owner of a property, allows a lessee, a licensee, or a rental occupant to reside or occupy their property for a specific period without any change in the right to the property. The term lessor and lessee mean the owner of a property and the rental occupant of the said property, respectively. The Leave and License Agreement binds the lessor and lessee in terms of the security amount, rent amount, stay duration, and other payables for the use of the property. A distinct characteristic of the Leave and License Agreement is that there is no transfer of interest from the owner to the rental occupant. Also, no property right is created for the rental occupant. The Licence fee amount, deposits, and other fee amounts can be contractually determined by the owner and the rental occupant individually. Typically, a Leave and License Agreement is made for eleven (11) months.
An electronic signature, also known as an e-signature or digital signature, is a way of signing a document electronically. It uses technology to apply a signature to an electronic document, such as a PDF or word document, in the same way that a traditional, handwritten signature would be applied to a paper document. Digital signatures use cryptographic techniques to ensure the authenticity of the signature and the integrity of the document.
A digital signature typically includes a combination of the signer's name or initials, a timestamp, and a unique identifying number that links the signature to the signer. It also includes a public key infrastructure (PKI) certificate that verifies the signer's identity and the authenticity of the signature. The certificate is issued by a trusted third-party certificate authority (CA), which verifies the identity of the signer and confirms that the signature is valid.
Digital signatures are legally binding and have the same legal weight as traditional, handwritten signatures. They are widely used in various fields like e-commerce, egovernance, e-filing, e-procurement, etc
*It is important to note that not all electronic signature is considered digital signature, only the one that uses digital signature technology and is verified by a trusted third-party certificate authority (CA) can be considered as a digital signature.*
An agreement of leave and license is a contract between the licensor and the licensee, whereby the licensor grants the licensee the right to use a premises for a specified period. The contract is typically for a 11-month period, with an option to renew for another 11 months. It is chiefly of two types Rental Agreement and Residential Lease
Benefits of a leave and license agreement are as follows
Broker/Agent/Advisory Firm/Realestate Company.
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