License Agreement (Real Estate) Template for Philippines

1. Fit-Out Works: Include when the licensee is permitted to make modifications to the property

2. Security Deposit: Include when a security deposit is required

3. Operating Hours: Include for commercial properties with specific operating hour restrictions

4. Sublicensing Rights: Include if sublicensing is permitted (usually restricted)

5. Force Majeure: Include specific provisions for natural disasters or other unforeseen events

6. Environmental Compliance: Include for properties requiring specific environmental considerations

7. Common Areas: Include for properties within larger complexes with shared facilities

8. Signage Rights: Include for commercial properties where exterior signage is relevant

1. Property Description: Detailed description of the licensed property including floor plans and boundaries

2. Fee Schedule: Detailed breakdown of all fees, including calculation methods and payment schedules

3. Condition Report: Documentation of property condition at commencement of license

4. House Rules: Building or complex rules and regulations if applicable

5. Maintenance Schedule: Detailed breakdown of maintenance responsibilities and schedules

6. Required Permits: List of permits and licenses required for property use

7. Insurance Requirements: Detailed insurance specifications and minimum coverage requirements

8. Utility Agreements: Specific arrangements for utility connections and payments