The License To Use Property Agreement is essential in Nigerian business and property transactions where temporary or specific use of property is required without full ownership or leasehold rights. This document type is commonly used for commercial spaces, educational facilities, agricultural land, or specialized industrial properties. The agreement must comply with Nigerian property law, particularly the Land Use Act 1978 and relevant state regulations. It typically includes detailed terms about property usage, duration, fees, maintenance responsibilities, and termination conditions. This agreement is particularly useful when flexibility is needed in property arrangements, such as pop-up stores, temporary facilities, or shared workspace scenarios. The document provides legal protection for both the property owner and user while ensuring clear documentation of rights and responsibilities.
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1. Parties: Identification and details of the Licensor and Licensee
2. Background: Context of the agreement and brief description of the property and intended use
3. Definitions: Definitions of key terms used throughout the agreement
4. Grant of License: Specific terms of the license grant, including scope and purpose of use
5. License Period: Duration of the license, including start date, end date, and any renewal terms
6. License Fee: Payment terms, amounts, payment schedule, and method of payment
7. Permitted Use: Detailed description of how the property may be used and any restrictions
8. Licensee's Obligations: Responsibilities of the Licensee including maintenance, compliance with laws, and conduct
9. Licensor's Obligations: Responsibilities of the Licensor including access, maintenance of structure, and services
10. Insurance and Liability: Insurance requirements and allocation of risks between parties
11. Termination: Circumstances under which the agreement can be terminated and the process
12. Governing Law and Jurisdiction: Specification of Nigerian law as governing law and jurisdiction for disputes
13. Notices: Process and addresses for formal communications between parties
14. Execution: Signature blocks and execution requirements
1. Sublicensing: Include when sublicensing rights are to be granted or explicitly prohibited
2. Utilities and Services: Include when the license includes specific arrangements for utilities or services
3. Alterations and Improvements: Include when the Licensee is permitted to make changes to the property
4. Security Deposit: Include when a security deposit is required from the Licensee
5. Force Majeure: Include when specific provisions for unforeseen circumstances are needed
6. Environmental Compliance: Include when the property use has potential environmental impacts
7. Intellectual Property: Include when the licensed property involves IP rights
8. Assignment: Include when transfer rights need to be specifically addressed
1. Schedule 1 - Property Description: Detailed description of the licensed property including location, boundaries, and features
2. Schedule 2 - Payment Schedule: Detailed breakdown of license fees, payment dates, and payment terms
3. Schedule 3 - Permitted Use Details: Specific details of permitted activities and usage restrictions
4. Schedule 4 - Maintenance Responsibilities: Detailed allocation of maintenance duties between Licensor and Licensee
5. Schedule 5 - Property Rules and Regulations: Specific rules governing the use of the property
6. Appendix A - Property Plans/Drawings: Visual representations of the property and relevant areas
7. Appendix B - Required Insurance Coverage: Detailed insurance requirements and coverage limits
Relevant legal definitions
Agreement
Applicable Laws
Business Day
Commencement Date
Common Areas
Effective Date
Event of Default
Expiry Date
Force Majeure Event
Governing Law
Initial Term
License
License Fee
Licensed Area
Licensed Property
Licensee
Licensor
Maintenance
Notice
Parties
Permitted Use
Property
Renewal Term
Security Deposit
Services
Term
Termination Date
Utilities
Working Hours
Applicable Laws
Business Day
Commencement Date
Common Areas
Effective Date
Event of Default
Expiry Date
Force Majeure Event
Governing Law
Initial Term
License
License Fee
Licensed Area
Licensed Property
Licensee
Licensor
Maintenance
Notice
Parties
Permitted Use
Property
Renewal Term
Security Deposit
Services
Term
Termination Date
Utilities
Working Hours
Clauses
Grant of License
Duration
Payment
Permitted Use
Access Rights
Maintenance and Repairs
Alterations
Insurance
Liability
Indemnification
Compliance with Laws
Assignment and Sublicensing
Termination
Default
Force Majeure
Property Rules
Utilities and Services
Security Deposit
Environmental Compliance
Health and Safety
Quiet Enjoyment
Notices
Dispute Resolution
Governing Law
Entire Agreement
Severability
Amendment
Waiver
Representations and Warranties
Confidentiality
Duration
Payment
Permitted Use
Access Rights
Maintenance and Repairs
Alterations
Insurance
Liability
Indemnification
Compliance with Laws
Assignment and Sublicensing
Termination
Default
Force Majeure
Property Rules
Utilities and Services
Security Deposit
Environmental Compliance
Health and Safety
Quiet Enjoyment
Notices
Dispute Resolution
Governing Law
Entire Agreement
Severability
Amendment
Waiver
Representations and Warranties
Confidentiality
Relevant Industries
Real Estate
Commercial Property
Retail
Education
Healthcare
Manufacturing
Hospitality
Agriculture
Technology
Telecommunications
Entertainment
Government and Public Sector
Relevant Teams
Legal
Real Estate
Operations
Facilities Management
Risk Management
Compliance
Property Administration
Asset Management
Business Development
Contract Management
Relevant Roles
Property Manager
Real Estate Director
Facilities Manager
Legal Counsel
Operations Manager
Business Development Manager
Contract Administrator
Risk Manager
Commercial Director
Property Rights Administrator
Asset Manager
Chief Operating Officer
Compliance Officer
Real Estate Investment Manager
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