Licence to Occupy
Overview
Use a Licence to Occupy agreement to grant a short term and flexible tenancy for commercial property.
- Easy to use, quick to prepare template.
- Solicitor drafted for reliability and peace of mind.
- Affordable protection for a Landlord.
- Re-use as many times as you want.
Licence to Occupy Agreement
A Licence to Occupy grants a simple licence to occupy and use certain premises. It is used for letting commercial property on a fixed but short term basis. The Licence to Occupy Agreement contains a notice clause to enable either party to terminate the tenancy early on giving notice to the other. This can be removed if you wish for the agreement to remain in place on a short term basis but for a fixed period of time.
A Licence to Occupy does not give a commercial tenant long term rights to the property, unlike a Commercial Lease, and can be cancelled at any time by either party giving notice. A variation of this agreement is the Tenancy at Will, which is also designed for shorter term lets, where a detailed lease agreement is not required but where the parties want the agreement to be indefinate until notice is given by either party to terminate it. Either of these agreements can be used for short term lets of commercial property.
Using our Licence to Occupy Agreement Template
Our Licence to Occupy template is easy to use and can be fully customised to suit your individual requirements. The document can be downloaded in Word or PDF format and can be saved and re-used as many times as you want.
Clauses in our Licence to Occupy Agreement
The Licence to Occupy Agreement is specially drafted to ensure that you are granting a licence and not a lease. This is important as a lease entails greater security of occupation and legal rights for the tenant.
Associated Documents
Our Commercial Property documents include the Tenancy at Will, Subletting Agreement and comprehensive Commercial Lease Agreement.
Landlords wishing to enter into any of these agreements should read our Guide to Getting Landlords Advice, Guide to Short Term Lets of Commercial Premises: Lease, Licence or Tenancy at Will and our Guide to Adverse Possession of Land.
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