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Licence Agreement Property
"I need a Property License Agreement for a retail space in Singapore, granting a 12-month license starting March 1, 2025, with specific provisions for operating a pop-up fashion store and the option to terminate with 30 days' notice."
1. Parties: Identification and details of the licensor and licensee
2. Background: Context of the agreement and brief description of the property
3. Definitions: Key terms used throughout the agreement
4. Grant of License: Scope and terms of the license being granted
5. License Period: Duration of the license and renewal terms
6. License Fee: Payment terms, amounts, and schedule
7. Use of Property: Permitted uses and restrictions
8. Maintenance and Repairs: Responsibilities for property upkeep
9. Termination: Conditions for ending the agreement
1. Alterations and Improvements: Terms for property modifications when licensee may need to make changes to the property
2. Assignment and Sublicensing: Rights to transfer or share the license when transfer rights need to be addressed
3. Utilities and Services: Responsibility for utilities and service charges when property includes utility services
4. Insurance: Insurance requirements and obligations when specific insurance coverage is required
1. Property Description: Detailed description of licensed property including plans and measurements
2. License Fee Schedule: Detailed breakdown of fees and payment schedule
3. Property Rules and Regulations: Specific rules governing property use
4. Condition Report: Initial condition of property at commencement of license
5. Maintenance Schedule: Detailed maintenance responsibilities and schedules
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