Document background
The License To Use Property Agreement is a crucial document in Hong Kong's property market, providing a flexible mechanism for property owners to grant usage rights without creating a leasehold interest. This agreement is particularly valuable for short-term arrangements, shared spaces, or situations requiring more operational flexibility than traditional leases. It sets out the specific terms of property usage, including duration, permitted activities, fees, and responsibilities of both parties. The document must comply with Hong Kong property law requirements while being less formal than a lease agreement. It's commonly used for commercial spaces, pop-up stores, co-working arrangements, or temporary facilities, offering protection for both the property owner and user while maintaining clarity about the limited nature of the rights being granted.
