Explainer - India
Leave & License vs Lease - what landlords should know
Choosing the wrong agreement type creates compliance risk. This guide compares leave & license and lease agreements in plain language so you can pick the right format for your term.
11-month termsRegistration rulesStamp duty
Key points
Best forResidential rentals
Key differencePossession rights
RegistrationDepends on term
What this page covers
Leave & License
Permission to occupy without transferring interest in the property.
Lease
Transfers an interest in property; usually longer terms.
What to choose
11-month rentals usually use Leave & License. Verify local rules.
How it works
Confirm your term
If you need 12+ months, registration is likely required.
Check stamp duty
Use the state portal or calculator for exact payable.
Sign correctly
Both parties Aadhaar eSign for validity.
FAQs
Is a leave & license agreement legally valid?
Yes, when properly stamped and signed. Consult a professional for legal interpretation.
Does a lease require registration?
Lease agreements of 12 months or more typically require registration under the Registration Act.
Which format is common for 11 months?
Leave & License is widely used for 11-month residential rentals.
Related guides
Learn more in how to make a rent agreement online.
See registration requirements.
Explore 11-month agreement explained.