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1. Parties: Identification of the Licensor and Licensee with complete details including registration numbers for companies
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 License: Specific terms of the license grant, including purpose and scope of permitted use
5. Duration: Term of the license, including start date, end date, and any renewal provisions
6. License Fee: Amount, payment schedule, and method of payment for the license fee
7. Security Deposit: Details of security deposit amount, terms of holding, and conditions for return
8. Permitted Use: Specific description of how the property may be used and any restrictions
9. Licensee's Obligations: Core responsibilities of the licensee including maintenance, utilities, and conduct
10. Licensor's Obligations: Core responsibilities of the licensor including maintenance of structure and services
11. Utilities and Outgoings: Responsibility for utilities, taxes, and other operational costs
12. Repairs and Maintenance: Allocation of repair and maintenance responsibilities
13. Insurance: Required insurance coverage for both parties
14. Termination: Grounds and process for termination of the license
15. Governing Law: Specification of Philippine law as governing law and jurisdiction
1. Fit-out Works: Include when the licensee is permitted to make modifications to the space
2. Sublicensing: Include if sublicensing is to be permitted (usually prohibited)
3. Force Majeure: Include for longer-term licenses to address unforeseen circumstances
4. Environmental Matters: Include for industrial or commercial properties where environmental compliance is crucial
5. Operating Hours: Include for commercial properties with specific operating hour restrictions
6. Security Arrangements: Include for properties requiring specific security measures
7. Common Areas: Include when the property is part of a larger complex with shared facilities
8. Marketing and Signage: Include for commercial properties where advertising and signage rights need to be addressed
1. Property Description: Detailed description of the licensed property including floor plans and boundaries
2. Inventory: List of furniture, fixtures, and equipment included in the license
3. House Rules: Building or property rules and regulations
4. Service Charges: Breakdown of any additional service charges or maintenance fees
5. Condition Report: Initial condition report of the property with photographs
6. Fit-out Guidelines: Technical specifications and guidelines for any permitted modifications
7. Insurance Requirements: Detailed insurance requirements for both parties
8. Utilities and Meters: Details of utility connections and meter readings at commencement
Real Estate
Commercial Property
Residential Property
Retail
Office Space
Industrial
Hospitality
Education
Healthcare
Coworking Space
Mixed-Use Development
Legal
Real Estate
Facilities Management
Operations
Administration
Compliance
Property Management
Asset Management
Business Development
Risk Management
Property Manager
Real Estate Manager
Facilities Manager
Legal Counsel
Corporate Lawyer
Real Estate Agent
Business Development Manager
Operations Manager
Asset Manager
Compliance Officer
Property Administrator
Contract Administrator
Real Estate Director
Leasing Manager
Space Planning Manager
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