The Commercial Property Licence Agreement serves as a crucial legal instrument in the Indian real estate market, particularly suitable for businesses seeking flexible commercial space arrangements without the long-term commitments associated with traditional leases. This document is commonly used for temporary office spaces, retail outlets, kiosks, pop-up stores, and other commercial establishments where the occupier needs a defined space for a specific period. The agreement encompasses essential elements such as duration, licence fees, permitted use, maintenance obligations, and termination rights, all while adhering to Indian property laws and regulations. It offers a more flexible alternative to traditional lease agreements, making it particularly attractive for businesses requiring shorter occupation periods or those testing new markets. The document must comply with the Transfer of Property Act, 1882, the Indian Contract Act, 1872, and relevant state-specific property regulations.
Your data doesn't train Genie's AI
You keep IP ownership of your information
Thank you! Your submission has been received!
Oops! Something went wrong while submitting the form.
OR
Let Ƶ's market-leading legal AI identify missing terms, unusual language, compliance issues and more - in just seconds.
1. Parties: Details of the Licensor and Licensee, including registered addresses and company registration numbers
2. Background: Context of the agreement and brief description of the property and intended use
3. Definitions: Definitions of key terms used throughout the agreement
4. Grant of Licence: Specific terms of the licence grant, including purpose and scope
5. Duration: Term of the licence, including commencement date and duration
6. Licence Fee: Amount, payment terms, and review mechanisms for the licence fee
7. Security Deposit: Details of security deposit amount, terms of holding and return
8. Permitted Use: Specified purposes for which the property may be used
9. Licensee's Obligations: Core responsibilities of the licensee including maintenance, utilities, and conduct
10. Licensor's Obligations: Core responsibilities of the licensor including access and essential services
11. Insurance: Required insurance coverage and responsibilities
12. Utilities and Outgoings: Responsibility for utilities, taxes, and other operational costs
13. Termination: Grounds and procedure for termination of the licence
14. Exit Provisions: Procedure for vacating the property and final settlement
15. Notices: Process and addresses for serving formal notices
16. Governing Law: Specification of Indian law as governing law and jurisdiction
1. Fit-out Works: Used when the licensee is permitted to carry out modifications or improvements
2. Common Areas: Include when the property is part of a larger complex with shared facilities
3. Service Charges: Required when additional services are provided by the licensor
4. Signage Rights: Include when specific provisions for external or internal signage are needed
5. Car Parking: Used when parking spaces are included in the licence
6. Operating Hours: Include for properties in commercial complexes with restricted hours
7. Environmental Provisions: Required for properties where environmental compliance is crucial
8. Sublicensing Rights: Include if sublicensing is to be permitted under specific conditions
9. Force Majeure: Optional clause for handling unforeseen circumstances
10. Break Clause: Include when early termination options are to be provided
1. Property Description: Detailed description of the licensed property including floor plans and measurements
2. Inventory: List of fixtures, fittings, and equipment included in the licence
3. Licence Fee Structure: Detailed breakdown of fees, payment schedules, and review mechanisms
4. House Rules: Building regulations and operational guidelines
5. Service Level Agreement: Details of services provided by the licensor, if any
6. Fit-out Guidelines: Technical specifications and requirements for any permitted modifications
7. Insurance Requirements: Detailed insurance specifications and minimum coverage requirements
8. Handover Protocol: Procedures and checklist for property handover at start and end of licence
9. Maintenance Schedule: Schedule of regular maintenance responsibilities
10. Utilities Matrix: Breakdown of utility responsibilities and payment obligations
Relevant legal definitions
Clauses
Relevant Industries
Real Estate
Retail
Hospitality
Information Technology
Professional Services
Banking and Financial Services
Healthcare
Education
Manufacturing
Logistics
Co-working Spaces
Entertainment
Food and Beverage
Relevant Teams
Legal
Operations
Facilities Management
Finance
Real Estate
Procurement
Risk and Compliance
Administration
Property Management
Business Development
Relevant Roles
Property Manager
Facilities Manager
Real Estate Director
Commercial Property Lawyer
Legal Counsel
Operations Manager
Chief Financial Officer
Business Development Manager
Store Manager
Regional Manager
Procurement Manager
Risk Manager
Compliance Officer
Asset Manager
Property Administrator
Find the exact document you need
Manufacturing Under License
An Indian law-governed agreement authorizing licensed manufacturing using proprietary technology, detailing production rights, quality standards, and commercial terms.
Download
Beta License Agreement
An Indian law-governed agreement that sets terms for users to test pre-release software, defining tester obligations and developer protections.
Download
Licensor And Licensee In Rent Agreement
An Indian law-compliant Rent Agreement structured as a License Agreement, establishing terms between property owner and occupant with comprehensive rights and obligations.
Download
Terminating A Licence Agreement
An Indian law-governed document that formally terminates an existing license agreement, outlining cessation of rights and post-termination obligations.
Download
Royalty Non Exclusive License
An Indian law-governed agreement for non-exclusive IP licensing with royalty payments, establishing usage rights and payment terms while ensuring regulatory compliance.
Download
Land License Agreement
An Indian law-compliant agreement granting temporary permission to use land for specific purposes without creating tenancy rights.
Download
Non Exclusive Licence
An Indian law-governed agreement granting non-exclusive rights to use intellectual property or technology while preserving the licensor's ability to license to others.
Download
Master License Agreement Music
An Indian law-governed agreement establishing comprehensive terms for music licensing between rights holders and licensees, covering all aspects of music usage and distribution rights.
Download
Land Use License Agreement
An Indian law-governed agreement granting specific land use rights without ownership transfer, detailing usage terms, duration, and compliance requirements.
Download
Master Use License Music
An Indian law-governed agreement granting commercial rights to use specific recorded music, outlining usage terms, payments, and restrictions.
Download
Content Usage Agreement
An Indian law-governed agreement establishing terms for content usage and licensing between content owners and users, ensuring compliance with Indian digital content and copyright regulations.
Download
Commercial Property Licence Agreement
An Indian law-governed agreement granting temporary permission to use commercial property, detailing terms, conditions, and obligations between property owner and occupier.
Download
Oem Software License Agreement
An Indian law-governed agreement for licensing software to OEM manufacturers for integration into their products, covering licensing terms, IP rights, and compliance requirements.
Download
Software License Server Open Source
An Indian law-compliant open source software license agreement for server deployment with technical and security specifications.
Download
Standard Copyright License
A Standard Copyright License Agreement under Indian law that establishes terms for licensing copyrighted works, including usage rights, restrictions, and commercial terms.
Download
SaaS Software License
An Indian law-governed agreement for licensing and delivering software as a service (SaaS), including usage rights, service levels, and data protection terms.
Download
License Agreement
An Indian law-governed agreement granting rights to use intellectual property or technology from a licensor to a licensee under specific terms and conditions.
Download
Custom Software License Agreement
An Indian law-governed agreement establishing terms for custom software licensing, including usage rights, IP protection, and implementation terms.
Download
Software License
An Indian law-governed agreement establishing terms and conditions for software licensing between owner and user, including usage rights, IP protection, and compliance requirements.
Download
Photographer License Agreement
An Indian law-governed agreement that establishes photography licensing terms between a photographer and client, protecting intellectual property rights while defining usage permissions.
Download
Non Commercial Use License
An Indian law-governed Non-Commercial Use License agreement for regulating the non-profit use of intellectual property while protecting the owner's rights.
Download
Master And Sync License
An Indian law-governed agreement combining master use and synchronization rights for musical works and recordings in audiovisual productions.
Download
Use License
An Indian law-compliant agreement establishing terms and conditions for licensed use of intellectual property, software, content, or technology.
Download
Patent License
An Indian law-governed agreement granting rights to use and commercialize patented technology, structured under the Indian Patents Act, 1970.
Download
Trademark License
An Indian law-governed agreement authorizing the use of trademarks by a licensee under specified terms and conditions.
Download
Software Testing Agreement
An Indian law-governed agreement establishing terms and conditions for software testing services, including scope, methodologies, deliverables, and compliance requirements.
Download
Third Party License
An Indian law-governed agreement establishing terms for third-party usage of licensed intellectual property or technology.
Download
Technology License Agreement
An Indian law-governed agreement establishing terms for technology licensing between a licensor and licensee, including usage rights, royalties, and technical specifications.
Download
Synchronization License Agreement
An Indian law-governed agreement permitting the use of copyrighted music in synchronization with visual media, subject to the Indian Copyright Act, 1957.
Download
Sublicensable License
An Indian law-governed agreement granting rights to use and sublicense intellectual property, with comprehensive terms for both primary and secondary licensing arrangements.
Download
Software Installation Agreement
An Indian law-governed agreement defining terms and conditions for software installation services, including technical specifications, implementation procedures, and mutual obligations.
Download
Room License Agreement
An Indian law-governed agreement for temporary room occupation, establishing licensor-licensee relationship with defined terms and conditions.
Download
Portfolio License Agreement
An Indian law-governed agreement for licensing multiple intellectual property assets from a licensor to a licensee under a single comprehensive framework.
Download
Mutual License Agreement
An Indian law-governed agreement establishing reciprocal licensing arrangements between parties for mutual use of intellectual property and technology assets.
Download
License Agreement For Use Of Real Property
An Indian law-governed agreement granting permission to use real property for a specified purpose and duration, without creating a leasehold interest.
Download
Limited Use License
An Indian law-compliant agreement granting restricted rights to use intellectual property or proprietary materials with specific limitations and conditions.
Download
Lease Licence
An Indian law-compliant agreement granting permission to use and occupy property without creating leasehold rights, offering flexibility while maintaining owner's control.
Download
Equipment License Agreement
An Indian law-governed agreement establishing terms and conditions for equipment licensing, including usage rights, maintenance, and regulatory compliance.
Download
Proprietary Software Licence
An Indian law-governed agreement establishing terms for licensing proprietary software, including usage rights, restrictions, and compliance requirements.
Download
Permission Agreement
An Indian law-governed agreement that formally grants specific permissions or rights from one party to another, outlining terms, conditions, and obligations.
Download
ұԾ’s Security Promise
Genie is the safest place to draft. Here’s how we prioritise your privacy and security.
Your documents are private:
We do not train on your data; ұԾ’s AI improves independently
All data stored on Genie is private to your organisation
Your documents are protected:
Your documents are protected by ultra-secure 256-bit encryption
We are ISO27001 certified, so your data is secure
Organizational security:
You retain IP ownership of your documents and their information
You have full control over your data and who gets to see it
.png)