Short Term License Agreement for Hong Kong

Short Term License Agreement Template for Hong Kong

A Short Term License Agreement under Hong Kong law is a legally binding document that grants temporary permission to use specific property, space, equipment, or rights for a limited duration. This document, governed by Hong Kong's common law system and relevant ordinances, establishes the terms and conditions for temporary use, including payment terms, permitted activities, and parties' obligations. It provides a flexible solution for short-term arrangements while maintaining legal protection for both licensor and licensee, incorporating specific requirements under Hong Kong's property and contract law framework.

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What is a Short Term License Agreement?

The Short Term License Agreement is commonly used in Hong Kong's dynamic business environment when parties need to establish temporary rights for the use of property, equipment, or facilities without creating a full leasehold interest. This document type is particularly relevant in situations requiring flexibility and shorter commitment periods, typically ranging from a few days to several months. It addresses key aspects such as usage rights, fees, duration, and parties' obligations while complying with Hong Kong's legal framework, including the Conveyancing and Property Ordinance and related regulations. The agreement is designed to provide adequate protection for both parties while maintaining the simplicity and practicality needed for short-term arrangements.

What sections should be included in a Short Term License Agreement?

1. Parties: Identification of the Licensor and Licensee with full legal names and addresses

2. Background: Brief context of the agreement and relationship between the parties

3. Definitions: Key terms used throughout the agreement

4. Grant of License: Specific rights being granted and their scope

5. Term and Termination: Duration of the license and termination provisions

6. License Fee: Amount, payment terms, and schedule of license fees

7. Use and Restrictions: Permitted uses and limitations of the licensed property/rights

8. Licensee's Obligations: Key responsibilities and commitments of the licensee

9. Licensor's Obligations: Key responsibilities and commitments of the licensor

10. Insurance and Liability: Insurance requirements and allocation of risks

11. Governing Law and Jurisdiction: Confirmation of Hong Kong law and jurisdiction

12. Entire Agreement: Standard boilerplate confirming this is the complete agreement between parties

What sections are optional to include in a Short Term License Agreement?

1. Intellectual Property Rights: Required when the license involves use of trademarks, copyrights, or other IP

2. Confidentiality: Include when sensitive information will be shared between parties

3. Assignment and Sublicensing: Include if there's a need to explicitly prohibit or permit transfer of rights

4. Utilities and Services: Required when license involves physical premises with associated services

5. Maintenance and Repairs: Include for licenses involving physical property or equipment

6. Force Majeure: Optional protection against unforeseen events, particularly relevant for longer short-term licenses

7. Data Protection: Include when personal data processing is involved in the licensed activities

What schedules should be included in a Short Term License Agreement?

1. Schedule 1 - Licensed Property: Detailed description of the property or rights being licensed

2. Schedule 2 - License Fee Calculation: Breakdown of fees, payment schedule, and calculation method if complex

3. Schedule 3 - Permitted Use: Detailed specifications of allowed uses and activities

4. Schedule 4 - House Rules: If applicable to premises, specific rules and regulations

5. Appendix A - Plans/Photos: For physical property, relevant plans or photographs

6. Appendix B - Service Level Agreement: If applicable, detailed service levels and standards

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

Jurisdiction

Hong Kong

Publisher

Genie AI

Document Type

Loan Agreement

Sector

Banking

Cost

Free to use
Relevant Industries

Real Estate

Commercial Property

Retail

Technology

Education

Events and Entertainment

Hospitality

Manufacturing

Co-working Spaces

Healthcare

Professional Services

Construction

Telecommunications

Relevant Teams

Legal

Operations

Facilities Management

Real Estate

Commercial

Risk and Compliance

Property Services

Business Development

Administration

Procurement

Relevant Roles

Property Manager

Facilities Manager

Legal Counsel

Contract Administrator

Business Development Manager

Operations Director

Real Estate Manager

Compliance Officer

Risk Manager

Commercial Director

Event Manager

Space Planning Coordinator

Property Services Director

Leasing 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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