As a tenant or landlord, it’s important to be aware of the terms and conditions outlined in the leave and license agreement. This is because the leave and license agreement is a legally binding document that governs the relationship between the tenant and landlord and spells out the responsibilities of both parties. One of the common issues that arise in such agreements is an expired agreement.
A leave and license agreement is an agreement between the tenant and the landlord where the tenant is given the license to occupy the property for a specified period. Once the specified period of occupancy ends, the leave and license agreement expires, and the tenant must vacate the property unless a new agreement is signed.
In the event that your leave and license agreement has expired, there are certain steps to follow to ensure that you are protected as either the tenant or landlord.
As a Tenant:
If you are a tenant under a leave and license agreement and the agreement has expired, it’s important to discuss this with your landlord. You should ask for a new agreement to be signed or try to negotiate an extension of the property occupancy. If a new agreement is not signed, it’s advisable to vacate the property to avoid any legal issues.
As a Landlord:
If you are the landlord and the leave and license agreement has expired, you have the right to terminate the agreement. You can either ask the tenant to vacate the property or enter into a new agreement. If the tenant refuses to vacate the property, you can issue a legal notice to quit, which will require the tenant to vacate the property within a specified period.
It’s important to note that the consequences of an expired leave and license agreement can be costly to both parties. For the tenant, it may result in an eviction notice and the loss of any security deposit paid. For the landlord, it may result in legal action being taken against them. Therefore, it’s important to ensure that the leave and license agreement is renewed before it expires.
In conclusion, a leave and license agreement is an important legal document that binds both the tenant and landlord to certain responsibilities and terms. It’s important to be aware of the terms of the agreement and ensure that it is renewed before it expires to avoid any legal consequences. If an agreement has expired, it’s advisable to discuss the matter with the other party and seek legal advice if necessary.