Substantively, the trade dress must be both distinctive (i.e., recognizable to consumers as identifying the source of the product or service) and nonfunctional (i.e., not be essential to the use or purpose of, and not affect the cost or quality of, the product or service).
3. Print. 4. Sign. Use our licence to occupy template to put in place a short-term agreement that provides a right to occupy commercial or business property. For residential property use the residential licence agreement which is a variation of this agreement.hen to Use A Licence For Business Premises. This agreement is meant to be a fairly short and simple contract and so is best suited for short term lets. Up to to twelve months ideally, but it can cover a longer period if you want to maintain a flexible arrangement with your tenant.
Answering the same query, another expert says, âIt is not compulsory to make a rent agreement only for 11 months. Renewable/extendable agreements for three to five years can also be made and registered.However, the stamp duty and registration charges for longer duration may differ.â.f he is deemed to be the owner of the property, he, and not the actual owner, will be liable to income tax under the head Income from house property. So, to do away with complications, and to keep the actual owner of the house property liable for income tax, the rent agreement is prepared for 11 months.