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License Agreement (Real Estate)
"I need a Real Estate License Agreement for a pop-up retail space in Auckland CBD, allowing weekend-only usage for 6 months starting March 2025, with specific provisions for shared storage facilities and after-hours access."
1. Parties: Identification of the Licensor and Licensee with full legal names and addresses
2. Background: Context of the agreement, including brief description of the property and purpose of the license
3. Definitions and Interpretation: Definitions of key terms used throughout the agreement and rules of interpretation
4. Grant of License: Specific details of what rights are being granted and any restrictions on use
5. Term and Renewal: Duration of the license and any renewal options
6. License Fee and Payment Terms: Amount payable, payment schedule, and method of payment
7. Property Access and Use: Conditions of access, permitted hours, and specific areas covered by the license
8. Licensee Obligations: Specific responsibilities and requirements of the Licensee
9. Licensor Obligations: Specific responsibilities and requirements of the Licensor
10. Insurance and Liability: Insurance requirements and allocation of risk between parties
11. Maintenance and Repairs: Responsibilities for maintenance and repairs of the licensed area
12. Termination: Circumstances under which the agreement can be terminated and the process
13. General Provisions: Standard legal clauses including governing law, notices, and dispute resolution
1. Fit-out Works: Include when Licensee is permitted to make modifications to the licensed area
2. Utilities and Services: Include when specific arrangements for utilities need to be detailed
3. Security Deposit: Include when a security deposit is required from the Licensee
4. Sublicensing Rights: Include when sublicensing is permitted under specific conditions
5. Environmental Obligations: Include for properties with specific environmental requirements or concerns
6. Operating Hours: Include when specific operating hours need to be defined
7. Compliance with Body Corporate Rules: Include for properties subject to body corporate governance
8. Marketing and Signage: Include when specific provisions about advertising and signage are needed
1. Schedule 1 - Property Details: Detailed description of the licensed property including address, legal description, and any relevant plans
2. Schedule 2 - License Fee Calculations: Detailed breakdown of license fees, including any variable components or escalation provisions
3. Schedule 3 - Permitted Use: Detailed description of allowed activities and any specific restrictions
4. Schedule 4 - Condition Report: Documentation of the condition of the property at the start of the license
5. Schedule 5 - Fit-out Specifications: Details of any approved modifications or fit-out works
6. Schedule 6 - Operating Requirements: Specific operational requirements and standards to be maintained
7. Appendix A - Plans and Drawings: Floor plans, site plans, or other relevant drawings
8. Appendix B - Insurance Requirements: Detailed insurance specifications and minimum coverage requirements
Authors
Authorised Users
Business Day
Commencement Date
Common Areas
Confidential Information
Default Rate
Expiry Date
Force Majeure Event
GST
Improvements
Initial Term
License Fee
Licensed Area
Licensor's Property
Operating Expenses
Permitted Use
Property
Renewal Period
Security Deposit
Services
Term
Utilities
Working Hours
Building
Outgoings
Payment Date
Plans
Related Entity
Required Insurances
Rules and Regulations
Schedule of Condition
Signage
Statutory Requirements
Termination Date
Unavoidable Delay
Term and Renewal
License Fee
Payment Terms
Security Deposit
Permitted Use
Access Rights
Maintenance and Repairs
Alterations
Insurance
Liability and Indemnity
Assignment and Sublicensing
Utilities and Services
Health and Safety
Compliance
Property Rules
Default and Remedies
Termination
Force Majeure
Confidentiality
Notices
Dispute Resolution
Governing Law
GST and Taxes
Entire Agreement
Severability
Costs
Variation
Waiver
Further Assurance
Operating Hours
Signage Rights
Environmental Compliance
Emergency Procedures
Risk Management
Real Estate
Commercial Property
Retail
Hospitality
Professional Services
Education
Healthcare
Government
Non-profit
Industrial
Technology
Entertainment
Sports and Recreation
Legal
Property Management
Operations
Facilities
Commercial
Risk and Compliance
Business Development
Asset Management
Administration
Real Estate
Property Manager
Real Estate Agent
Facilities Manager
Legal Counsel
Commercial Director
Operations Manager
Business Development Manager
Asset Manager
Property Administrator
Compliance Officer
Risk Manager
Contract Manager
Real Estate Portfolio Manager
Chief Operating Officer
General Counsel
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