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Commercial Property Licence Agreement Template for New Zealand

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Key Requirements PROMPT example:

Commercial Property Licence Agreement

"I need a Commercial Property Licence Agreement for a pop-up retail space in Auckland CBD, starting from March 2025, with specific provisions for after-hours access and the ability to modify the space for seasonal displays."

Document background
The Commercial Property Licence Agreement is essential for situations where a property owner wishes to grant temporary or flexible rights to use commercial space while maintaining significant control over the property. This document type is commonly used in New Zealand for pop-up stores, shared workspaces, temporary retail locations, or specific-use arrangements where a full lease is not appropriate or desired. The agreement comprehensively addresses key aspects including permitted use, duration, fees, maintenance, insurance, and compliance with New Zealand property law and regulations. It differs from a traditional lease by offering more flexibility and typically fewer rights to the occupier, making it particularly suitable for short-term or specific-purpose commercial arrangements. The document must comply with New Zealand's Property Law Act 2007 and related commercial property legislation while protecting both parties' interests.
Suggested Sections

1. Parties: Identifies and provides full legal details of the licensor and licensee

2. Background: Sets out the context of the agreement and the parties' intentions

3. Definitions and Interpretation: Defines key terms used throughout the agreement and establishes interpretation principles

4. Grant of Licence: Specifies the exact nature and scope of the licence being granted

5. Term and Renewal: Details the duration of the licence and any renewal options

6. Licence Fee and Other Payments: Specifies all financial obligations including licence fee, operating expenses, and utilities

7. Use of Premises: Defines permitted uses and any restrictions on the use of the property

8. Licensee's Obligations: Lists all duties and responsibilities of the licensee

9. Licensor's Obligations: Lists all duties and responsibilities of the licensor

10. Insurance and Liability: Specifies insurance requirements and allocation of risks

11. Maintenance and Repairs: Details responsibilities for property maintenance and repairs

12. Health and Safety: Outlines compliance requirements with health and safety regulations

13. Default and Termination: Specifies events of default and termination processes

14. General Provisions: Contains standard boilerplate clauses including notices, governing law, and dispute resolution

15. Execution: Formal signing section with attestation requirements

Optional Sections

1. Alterations and Improvements: Include when licensee is permitted to make changes to the premises

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

3. Sublicensing and Assignment: Include when addressing whether these rights are permitted

4. Quiet Enjoyment: Include for longer-term licenses where exclusive possession is granted

5. Environmental Matters: Include for properties with specific environmental considerations or risks

6. Emergency Response Procedures: Include for high-risk or complex commercial properties

7. Building Management: Include when the property is part of a larger building or complex

8. Signage Rights: Include when addressing installation and maintenance of business signage

9. Car Parking: Include when car parking forms part of the licence arrangement

10. Service Level Requirements: Include when specific service levels need to be maintained

Suggested Schedules

1. Schedule 1 - Property Description: Detailed description of the licensed premises including floor plans and measurements

2. Schedule 2 - Licence Fee and Payment Terms: Detailed breakdown of all financial terms including payment schedules

3. Schedule 3 - Permitted Use: Detailed description of allowed activities and any specific restrictions

4. Schedule 4 - Condition Report: Documentation of the property's condition at commencement of licence

5. Schedule 5 - Building Rules and Regulations: Specific rules governing the use of the building or complex

6. Schedule 6 - Maintenance Schedule: Detailed breakdown of maintenance responsibilities and frequencies

7. Schedule 7 - Insurance Requirements: Specific insurance requirements including types and levels of coverage

8. Appendix A - Plans and Drawings: Technical drawings, floor plans, and site maps

9. Appendix B - Service Specifications: Detailed specifications for any services included in the licence

10. Appendix C - Health and Safety Procedures: Specific health and safety requirements and procedures

Authors

Alex Denne

Head of Growth (Open Source Law) @ tiktok³ÉÈ˰æ | 3 x UCL-Certified in Contract Law & Drafting | 4+ Years Managing 1M+ Legal Documents | Serial Founder & Legal AI Author

Relevant legal definitions








































Clauses



































Relevant Industries

Real Estate

Retail

Hospitality

Professional Services

Healthcare

Education

Technology

Manufacturing

Logistics

Entertainment

Financial Services

Coworking Spaces

Pop-up Retail

Events and Exhibitions

Warehousing

Relevant Teams

Legal

Operations

Facilities Management

Property Management

Finance

Risk and Compliance

Business Development

Real Estate

Asset Management

Administration

Relevant Roles

Property Manager

Facilities Manager

Real Estate Manager

Commercial Property Lawyer

Legal Counsel

Operations Manager

Business Development Manager

Chief Financial Officer

Risk Manager

Compliance Officer

Asset Manager

Property Development Manager

Leasing Manager

Contract Administrator

Company Secretary

Industries










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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