License To Use Property Agreement for Singapore

License To Use Property Agreement Template for Singapore

A License To Use Property Agreement under Singapore law is a legal document that grants permission to use a specific property for defined purposes and duration. It establishes the terms and conditions of use, including payment obligations, maintenance responsibilities, and restrictions, while complying with Singapore's property laws and regulations. Unlike a lease, it creates a personal right rather than an interest in the property.

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What is a License To Use Property Agreement?

The License To Use Property Agreement is essential when one party wishes to grant another the right to use property without creating a leasehold interest. Under Singapore law, this document provides a flexible arrangement for temporary or specific-use situations, offering less formal rights than a lease while maintaining clear terms of use. It's particularly useful for short-term arrangements, pop-up venues, or shared spaces, and must comply with Singapore's Property Law Act and related regulations. The agreement typically includes detailed terms about permitted use, duration, payments, and maintenance responsibilities.

What sections should be included in a License To Use Property Agreement?

1. Parties: Identification and details of the licensor and licensee

2. Background: Context and purpose of the license agreement

3. Definitions: Key terms used throughout the agreement

4. Grant of License: Specific terms of the license being granted, including scope and limitations

5. Term and Termination: Duration of license and conditions for termination

6. License Fee: Payment terms, amounts, and schedule

7. Use of Property: Permitted and prohibited uses of the property

8. Maintenance and Repairs: Responsibilities for property upkeep

9. Governing Law: Specification of Singapore law as governing law

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

1. Insurance: Insurance requirements and obligations, typically included when property value is significant or there are specific risks

2. Security Deposit: Terms relating to security deposit, included when financial security is required

3. Alterations: Rights and restrictions regarding property modifications, relevant for longer-term licenses

4. Assignment and Sublicensing: Rights to transfer or sublicense the property to third parties

5. Force Majeure: Provisions for unforeseen circumstances affecting the license agreement

What schedules should be included in a License To Use Property Agreement?

1. Schedule 1 - Property Description: Detailed description of licensed property including plans and photographs

2. Schedule 2 - Payment Schedule: Detailed breakdown of payment terms and dates

3. Schedule 3 - Condition Report: Initial condition of property at time of license

4. Schedule 4 - House Rules: Specific rules and regulations for property use

5. Schedule 5 - Maintenance Schedule: Schedule of regular maintenance activities and responsibilities

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

Singapore

Publisher

Genie AI

Document Type

License Agreement

Sector

IP

Cost

Free to use
Clauses
Industries

Property Law Act (Cap. 242): Primary legislation governing property rights and transactions in Singapore

Land Titles Act (Cap. 157): Regulates the registration and transfer of land titles in Singapore

Civil Law Act (Cap. 43): Provides the fundamental framework for civil law matters including contract and property

Planning Act (Cap. 232): Controls the development and use of land and buildings in Singapore

Building Control Act (Cap. 29): Regulates the construction and maintenance of buildings

Building Maintenance and Strata Management Act: Governs the maintenance of buildings and common property in strata developments

Fire Safety Act (Cap. 109A): Establishes fire safety requirements for properties

Electronic Transactions Act: Provides legal framework for electronic signatures and digital contracts

Unfair Contract Terms Act (Cap. 396): Regulates unfair terms in contracts and protects against unreasonable contract conditions

Environmental Protection and Management Act: Sets environmental standards and requirements for property use

Control of Vectors and Pesticides Act: Regulates pest control and management in properties

COVID-19 (Temporary Measures) Act 2020: Temporary regulations affecting property use and contracts during pandemic

Goods and Services Tax Act: Governs taxation of property-related services and transactions

Property Tax Act: Regulates taxation of property ownership and usage

Stamp Duties Act: Governs stamp duties payable on property-related documents and transactions

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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