Document background
The Property License Agreement serves as a crucial legal instrument in Danish property transactions, offering a more flexible alternative to traditional lease arrangements. This document is typically used when a property owner wishes to grant specific usage rights without transferring full possession or creating a landlord-tenant relationship. The agreement must comply with Danish property law, including the Danish Contracts Act (Aftaleloven) and Registration Act (Tinglysningsloven), and should be used when temporary or limited property rights are being granted. It includes essential provisions for property usage, maintenance obligations, fees, insurance requirements, and compliance with local regulations. The Property License Agreement is particularly relevant for commercial arrangements where exclusive possession is not required or desired, and where flexibility in terms and duration is important.
