Revocable License To Use Property Template for Hong Kong

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Key Requirements PROMPT example:

Revocable License To Use Property

"I need a Revocable License To Use Property agreement for a pop-up retail space in a Hong Kong shopping center, starting March 1, 2025, where I'll be selling seasonal merchandise and need flexibility to terminate with 30 days' notice."

Document background
The Revocable License To Use Property is a crucial legal instrument in Hong Kong's property market, designed for situations where temporary, controllable access to property is required without creating a landlord-tenant relationship. This document is commonly used for pop-up stores, temporary office spaces, event venues, or shared facilities where the property owner wishes to maintain significant control over the property's use and occupation. It operates within Hong Kong's common law framework and relevant property ordinances, providing flexibility while protecting the licensor's interests through clear revocation rights. The agreement typically includes comprehensive terms covering permitted use, duration, fees, maintenance obligations, and termination provisions, making it suitable for both commercial and personal property arrangements where temporary, revocable use rights are appropriate.
Suggested Sections

1. Parties: Identification of the Licensor (property owner/controller) and Licensee (user of the property), including full legal names and addresses

2. Background: Context of the agreement, nature of the property, and purpose of the license

3. Definitions: Key terms used throughout the agreement, including 'Property', 'Permitted Use', 'License Period', and 'License Fee'

4. Grant of License: Clear statement of the permission granted, emphasizing its revocable nature and specific limitations

5. License Period: Duration of the license, including start date and any renewal provisions

6. License Fee: Amount payable, payment schedule, and method of payment

7. Permitted Use: Specific description of how the Licensee may use the property, including any restrictions

8. Licensee's Obligations: Key responsibilities including maintenance, compliance with laws, and conduct requirements

9. Licensor's Rights: Including right of inspection, revocation conditions, and other reserved rights

10. Termination: Grounds for termination, notice requirements, and consequences of termination

11. Governing Law: Specification of Hong Kong law as governing law and jurisdiction

Optional Sections

1. Utilities and Services: Used when the license includes provision of utilities or services, specifying responsibilities for payment and maintenance

2. Security Deposit: Include when a security deposit is required, specifying amount, holding conditions, and return terms

3. Insurance: Used when specific insurance requirements are imposed on either party

4. Alterations: Include when the Licensee may need to make changes to the property

5. Assignment and Sublicensing: Used when there's a need to explicitly prohibit or regulate transfer of rights

6. Indemnification: Include when specific indemnity provisions are required beyond standard liability

7. Force Majeure: Used when parties want to address circumstances beyond their control

8. Confidentiality: Include when the arrangement involves sensitive information or trade secrets

Suggested Schedules

1. Schedule 1 - Property Description: Detailed description of the licensed property, including floor plans or photographs

2. Schedule 2 - License Fee Schedule: Breakdown of fees, payment dates, and any escalation provisions

3. Schedule 3 - House Rules: Specific rules and regulations governing the use of the property

4. Schedule 4 - Inventory: List of any furniture, equipment, or fixtures included in the license

5. Schedule 5 - Condition Report: Documentation of the property's condition at the start of the license

6. Appendix A - Required Permits: Copies of any necessary permits or authorizations

7. Appendix B - Insurance Requirements: Detailed insurance specifications if required

Authors

Alex Denne

Head of Growth (Open Source Law) @ Genie AI | 3 x UCL-Certified in Contract Law & Drafting | 4+ Years Managing 1M+ Legal Documents | Serial Founder & Legal AI Author

Relevant legal definitions
Clauses
Relevant Industries

Real Estate

Commercial Property

Retail

Hospitality

Corporate Services

Events and Entertainment

Education

Healthcare

Industrial and Manufacturing

Technology

Coworking Spaces

Pop-up Retail

Relevant Teams

Legal

Operations

Facilities Management

Real Estate

Property Management

Compliance

Risk Management

Administrative Services

Business Development

Asset Management

Relevant Roles

Property Manager

Facilities Manager

Real Estate Director

Legal Counsel

Operations Manager

Events Coordinator

Business Development Manager

Retail Manager

Corporate Real Estate Manager

Asset Manager

Property Administrator

Compliance Officer

Space Planning Manager

Real Estate Transaction Manager

Industries
Teams

Employer, Employee, Start Date, Job Title, Department, Location, Probationary Period, Notice Period, Salary, Overtime, Vacation Pay, Statutory Holidays, Benefits, Bonus, Expenses, Working Hours, Rest Breaks,  Leaves of Absence, Confidentiality, Intellectual Property, Non-Solicitation, Non-Competition, Code of Conduct, Termination,  Severance Pay, Governing Law, Entire Agreemen

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