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Licence To Occupy Residential Property
"I need a Licence To Occupy Residential Property agreement for a furnished studio apartment in Central, Hong Kong, with a 6-month occupation period starting March 1, 2025, including provisions for shared gym facilities and a parking space."
1. Parties: Identification of the Licensor (property owner/main tenant) and Licensee (occupier), including full names, addresses, and identification numbers
2. Background: Context of the agreement, confirming intention to grant a license rather than a lease, and brief description of the property
3. Definitions: Key terms used throughout the agreement, including 'Property', 'License Period', 'License Fee', 'Common Areas', and 'House Rules'
4. Grant of Licence: Express terms of the license grant, clearly stating it's a personal right to occupy, not an exclusive possession
5. Licence Period: Duration of the license, including start and end dates, and any renewal provisions
6. Licence Fee and Other Charges: Amount payable, payment schedule, utilities, management fees, and other charges
7. Deposit: Amount, payment terms, and conditions for refund of the security deposit
8. Permitted Use: Specific allowed uses of the property, including occupancy limits and restrictions
9. Licensee's Obligations: Key responsibilities including maintenance, repairs, conduct, and compliance with rules
10. Licensor's Obligations: Responsibilities for providing access, maintaining structure, and essential services
11. Restrictions: Specific prohibitions and limitations on the use of the property
12. Termination: Grounds for termination, notice requirements, and consequences of termination
13. Property Condition: State of the property at commencement and return conditions
14. Notices: Method and addresses for formal communications between parties
15. General Provisions: Standard clauses including entire agreement, amendments, governing law
1. Furniture and Fittings: Details of provided furnishings and equipment, used when property is provided furnished
2. Additional Occupants: Terms for allowing other occupants, used when multiple occupants are permitted
3. Pets: Specific terms regarding pets, used when pets are allowed in the property
4. Parking: Terms for use of parking facilities, included when parking is available
5. Building Facilities: Access and usage terms for gym, pool, etc., used when property includes facility access
6. Insurance: Insurance requirements for either party, used in high-value properties or when specifically required
7. Sublicensing: Terms regarding sublicensing rights, used when sublicensing might be permitted
8. Break Clause: Early termination options, used when parties want flexibility to end agreement early
1. Schedule 1 - Property Description: Detailed description of the licensed property including floor plan and boundaries
2. Schedule 2 - Inventory List: Detailed list of furniture, appliances, and fittings provided with condition notes
3. Schedule 3 - House Rules: Building management rules and specific property usage guidelines
4. Schedule 4 - Fee Schedule: Breakdown of license fee, utilities, management fees, and other charges
5. Schedule 5 - Condition Report: Detailed report of property condition at commencement of license
6. Appendix A - Floor Plan: Property layout and relevant measurements
7. Appendix B - Photographs: Documentary evidence of property condition at commencement
Authors
Property
Licence Fee
Deposit
Common Areas
House Rules
Building
Commencement Date
Expiry Date
Permitted Use
Utilities
Management Fees
Inventory
Building Management Office
Occupation Rules
Notice Period
Payment Date
Security Deposit
Additional Charges
Licensor
Licensee
Permitted Occupants
Working Day
Emergency
Force Majeure Event
Building Services
Communal Facilities
Property Manager
Management Company
Visitors
Fixtures and Fittings
Furnishings
Applicable Laws
Premises
Service Charges
Termination Date
Renewal Period
Governing Law
Designated Account
Insurance Requirements
Recitals
Definitions
Grant of Licence
Duration
Fees and Charges
Payment Terms
Deposit
Permitted Use
Occupation Rights
Property Access
Licensee Obligations
Licensor Obligations
Property Maintenance
Utilities and Services
Building Management
Insurance
Alterations and Repairs
Common Areas Usage
House Rules Compliance
Quiet Enjoyment
Property Condition
Furniture and Fittings
Health and Safety
Restrictions
Assignment and Sublicensing
Liability
Indemnification
Force Majeure
Default
Termination
Consequences of Termination
Notices
Dispute Resolution
Governing Law
Entire Agreement
Severability
Amendments
Waiver
Force Majeure
Costs and Expenses
Third Party Rights
Interpretation
Schedules and Appendices
Real Estate
Residential Property
Corporate Housing
Serviced Apartments
Hospitality
Professional Services
Relocation Services
Property Management
Corporate Services
Legal
Real Estate
Facilities Management
Corporate Housing
Human Resources
Operations
Property Management
Compliance
Corporate Services
Asset Management
Property Manager
Real Estate Lawyer
Corporate Housing Manager
Facilities Manager
Relocation Specialist
Property Administrator
Legal Counsel
Housing Officer
Real Estate Agent
Corporate Services Manager
HR Manager
Operations Manager
Compliance Officer
Asset Manager
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