License To Occupy Agreement for Singapore

License To Occupy Agreement Template for Singapore

A License to Occupy Agreement under Singapore law is a legal document that grants a licensee the non-exclusive right to occupy and use a specified property for a defined period. Unlike a lease, it creates no interest in the property and typically offers more flexibility in terms of termination and modification. The agreement is governed by Singapore property law and must comply with relevant regulations including the Planning Act and Building Control Act.

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What is a License To Occupy Agreement?

The License To Occupy Agreement is commonly used in Singapore when property owners wish to grant temporary occupation rights without the formal obligations of a lease. This document is particularly relevant for short-term arrangements, pop-up spaces, or situations requiring flexibility in termination. It includes specific terms regarding occupation rights, payment terms, obligations of both parties, and compliance with Singapore's property regulations. The agreement is distinct from a lease as it does not create an interest in land and typically offers more straightforward termination options.

What sections should be included in a License To Occupy Agreement?

1. Parties: Identifies the licensor and licensee with full legal names and addresses

2. Background: Explains the context and purpose of the license to occupy

3. Definitions: Defines key terms used throughout the agreement

4. Grant of License: Specifies the terms of the license, including premises and permitted use

5. Duration: Specifies the term of the license and any renewal options

6. License Fee: Details the fee structure and payment terms

7. Licensee's Obligations: Lists all responsibilities and obligations of the licensee

8. Licensor's Obligations: Lists all responsibilities and obligations of the licensor

9. Termination: Specifies conditions for termination and notice requirements

What sections are optional to include in a License To Occupy Agreement?

1. Insurance: Details insurance requirements when specific coverage is required

2. Alterations: Conditions for making changes to the premises when modifications might be needed

3. Assignment and Sublicensing: Rules regarding transfer of license rights when transfer needs to be addressed

4. Utilities and Services: Arrangements for utilities and services when not included in license fee

What schedules should be included in a License To Occupy Agreement?

1. Schedule 1 - Property Description: Detailed description of the licensed premises

2. Schedule 2 - Plan: Floor plan or site plan of the licensed area

3. Schedule 3 - Inventory: List of fixtures, fittings, and equipment included when furnished premises are licensed

4. Schedule 4 - House Rules: Building or facility rules and regulations when premises are part of a larger facility

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

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Commercial Real Estate
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Property Manager
Facilities Manager
Real Estate Manager
Operations Director
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A Singapore-law governed agreement establishing terms for third party use of intellectual property or proprietary assets.

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What is a License To Occupy Agreement?

What sections should be included in a License To Occupy Agreement?

What sections are optional to include in a License To Occupy Agreement?

What schedules should be included in a License To Occupy Agreement?

Authors

Alex Denne

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