Document background
The Revocable License agreement is commonly used in Singapore when one party wishes to grant another party permission to use certain rights or property while maintaining control over the duration and conditions of such use. This document type is particularly relevant in situations where flexibility is required, and the licensor needs to retain the ability to terminate the arrangement. The agreement typically includes detailed terms about the scope of the license, conditions for revocation, payment terms if applicable, and the rights and obligations of both parties. It's designed to comply with Singapore's legal framework while providing clear protection for both parties' interests.
