License To Occupy Agreement Template for Singapore

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Key Requirements PROMPT example:

License To Occupy Agreement

"I need a License To Occupy Agreement for a pop-up retail space in Singapore's Orchard Road area, starting from March 2025 for a 6-month period, with an option to extend for another 3 months."

What is a License To Occupy Agreement?

The License To Occupy Agreement is commonly used in Singapore when property owners wish to grant temporary occupation rights without the formal obligations of a lease. This document is particularly relevant for short-term arrangements, pop-up spaces, or situations requiring flexibility in termination. It includes specific terms regarding occupation rights, payment terms, obligations of both parties, and compliance with Singapore's property regulations. The agreement is distinct from a lease as it does not create an interest in land and typically offers more straightforward termination options.

What sections should be included in a License To Occupy Agreement?

1. Parties: Identifies the licensor and licensee with full legal names and addresses

2. Background: Explains the context and purpose of the license to occupy

3. Definitions: Defines key terms used throughout the agreement

4. Grant of License: Specifies the terms of the license, including premises and permitted use

5. Duration: Specifies the term of the license and any renewal options

6. License Fee: Details the fee structure and payment terms

7. Licensee's Obligations: Lists all responsibilities and obligations of the licensee

8. Licensor's Obligations: Lists all responsibilities and obligations of the licensor

9. Termination: Specifies conditions for termination and notice requirements

What sections are optional to include in a License To Occupy Agreement?

1. Insurance: Details insurance requirements when specific coverage is required

2. Alterations: Conditions for making changes to the premises when modifications might be needed

3. Assignment and Sublicensing: Rules regarding transfer of license rights when transfer needs to be addressed

4. Utilities and Services: Arrangements for utilities and services when not included in license fee

What schedules should be included in a License To Occupy Agreement?

1. Schedule 1 - Property Description: Detailed description of the licensed premises

2. Schedule 2 - Plan: Floor plan or site plan of the licensed area

3. Schedule 3 - Inventory: List of fixtures, fittings, and equipment included when furnished premises are licensed

4. Schedule 4 - House Rules: Building or facility rules and regulations when premises are part of a larger facility

Authors

Alex Denne

Head of Growth (Open Source Law) @ ��Ƶ | 3 x UCL-Certified in Contract Law & Drafting | 4+ Years Managing 1M+ Legal Documents | Serial Founder & Legal AI Author

alex.den.21@genieai.co

Relevant legal definitions

Clauses

Relevant Industries

Commercial Real Estate
Residential Property
Co-working Spaces
Industrial
Retail

Relevant Teams

Legal
Real Estate
Operations
Facilities Management
Finance

Relevant Roles

Property Manager
Facilities Manager
Real Estate Manager
Operations Director
Legal Counsel

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Third Party License

A Singapore-law governed agreement establishing terms for third party use of intellectual property or proprietary assets.

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Let's create your License To Occupy Agreement

What is a License To Occupy Agreement?

What sections should be included in a License To Occupy Agreement?

What sections are optional to include in a License To Occupy Agreement?

What schedules should be included in a License To Occupy Agreement?

Authors

Alex Denne

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