From both parties` perspective, licensing agreements are usually personal and specific to the current operator and owner. According to the legal definition, a rental agreement is a set of rights granted by the owner to the tenant and incorporated into the land. In comparison, a license only gives a privilege to use the property, which makes this act legal. As a rule, landlords and tenants conclude rental contracts for a period of 11 months in order to avoid any legal complications. An 11-month lease agreement, made in the form of a leave and license agreement, is not valid under rent control laws. These laws would only apply if the period mentioned in the agreement is one year or more.