Commercial property licence: to occupy business premises
This is not a lease, but more simply, a license. It does not create a legal interest in land.
About this document
A license has its benefits in that the property owner is effectively saying “OK, you can occupy my property for a while, but I can interrupt at any time and ask you to leave.” To a property owner, the benefit of a license is that it is mostly easier to exercise control over the tenants. A further advantage is that the high costs of solicitors can be avoided. However, since Net Lawman now provides a “real” lease at a modest price, it is now possible to have “the real thing” without the high cost of legal fees.
This comprehensive document includes all usual provisions in simple, easy to understand format.
Application and features
- Not suitable for a residential letting
- Flexible, practical paragraphs provide ideas for you to mould
- Explanatory notes to guide you
- Details of the parties
- Property details
- Licence Fee: can be changed to suit you
- Licence fee inclusions such as services and rates
- Payment provisions: all payments the tenant might have to make
- Use allowed
- Other usual provisions to protect your interest
This document was written and is maintained by solicitors at Net Lawman to comply with current New Zealand law.
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