Licence to occupy: commercial property for business
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
Contents
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
Word
Count (approximate):
Document: 400
words
Explanatory notes:
420
words
Draftsman
This document is drawn and maintained by Net Lawman. It is real law in plain English.
Licence to occupy: commercial property for business
