Document background
The Lease and License Agreement is a specialized legal instrument used in Canadian jurisdictions where a property arrangement requires both physical space occupation and specific usage rights or permissions. This document is particularly relevant when businesses need to both lease premises and obtain specific operational rights, such as in retail franchises, technology parks, or specialized industrial facilities. The agreement combines elements of traditional commercial lease provisions with licensing terms, all structured within the framework of Canadian federal and provincial laws. It addresses key aspects such as property rights, permitted uses, fee structures, maintenance obligations, and specific licensed activities, while ensuring compliance with relevant Canadian property, commercial, and licensing regulations. This type of agreement is commonly used in situations where the property use is intrinsically linked to specific operational or intellectual property rights.
