Long Term Lease Agreement: Meaning, Types, Key Clauses & Legal Requirements
A long term lease agreement is a formal, legally binding contract that allows a tenant to occupy a property for an extended duration, typically exceeding 12 months. Unlike common 11-month rental arrangements, these agreements provide substantial stability and fixed terms for both the landlord and the tenant....
Written by Vivek Mishra
Published on March 27, 2026
Arbitration Clause in Leave and License Agreement: Meaning, Validity & Dispute Resolution Guide
An arbitration clause in leave and license agreement serves as a essential tool for resolving conflicts between a licensor and a licensee without the need for lengthy court proceedings. By including this provision, both parties agree to settle potential disagreements, such as those involving security deposits or...
Written by Vivek Mishra
Published on March 24, 2026
What is the Difference Between Lease Agreement and Leave and License Agreement?
What Is a Lease Agreement? A lease agreement is a formal legal contract governed by Section 105 of the Transfer of Property Act, 1882. It involves the transfer of a right to enjoy an immovable property for a specific...
Written by Vivek Mishra
Published on March 20, 2026
Perpetual Lease Deed: Meaning, Rights, Benefits and Registration Process in India 2026
What Is a Perpetual Lease Deed? A perpetual lease deed is a legal document similar to a long-term lease agreement that transfers the right of possession and enjoyment of an immovable property for an indefinite term. In the eyes...
Written by Vivek Mishra
Published on February 20, 2026
Ground Lease Vs Land Lease: Meaning, Key Features and Legal Distinctions in 2026
What Is Ground Lease? A ground lease is a long-term lease agreement, typically of 30 to 99 years, under which a tenant leases vacant land to construct a building or make significant improvements. In this arrangement, the tenant...