Property Licence Agreement

WHAT’S IT FOR?

A Property Licence Agreement is an agreement allowing a licensee to access property on certain agreed terms. It is often used as a flexible alternative to a lease agreement, which can be used for properties such as shared office spaces, movable homes or cabins and holiday rentals.

Unlike a lease agreement, a license agreement can be easily varied and terminated and it is subject to less regulations than the lease agreement. However, it does not generally provide the licensee with as strong a right to the property as they would have as a tenant under a lease. If you are licensing a premises, it’s important to have all the key legal and commercial terms recorded in a Property Licence Agreement.

WHAT’S INCLUDED?

We’ll draft a Property Licence Agreement in accordance with your requirements.

This package includes:

• Drafting the Property Licence Agreement in accordance with your requirements
• Phone consultations (up to 60 minutes) with a Sprintlaw lawyer who will take your instructions, advise you on the legal issues you need to know and answer your questions about the documents
• 1 x complimentary amendment to the final draft we provide you, as long as you request the amendment within 10 business days of us delivering the final draft

Please note that this package does not include us providing any tax advice or any direct negotiations or correspondence with the landlord or their lawyers. This scope also assumes that the transaction does not involve any employment or other compliance issues.