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Licence To Occupy
"I need a Licence to Occupy agreement for a commercial property in Singapore's CBD area, allowing a tech startup to use two floors of office space from March 2025, with specific provisions for 24/7 access and the installation of IT infrastructure."
1. Parties: Details of the licensor and licensee
2. Background: Context and purpose of the licence
3. Definitions: Key terms used in the agreement
4. Grant of Licence: Specific terms of the occupation licence
5. Duration: Period of occupation
6. Licence Fee: Payment terms and amounts
7. Permitted Use: Allowed uses of the premises
8. Licensee's Obligations: Responsibilities and duties of the occupier
9. Licensor's Obligations: Responsibilities and duties of the property owner
10. Termination: Conditions and process for ending the licence
1. Utilities and Services: Terms for utility payments and service provisions when not included in licence fee
2. Alterations: Terms regarding modifications to the premises when alterations might be needed
3. Insurance: Insurance requirements and coverage specifications
4. Security Deposit: Terms and conditions for security deposit when required
1. Schedule 1: Property Details: Detailed description of the premises including location and specifications
2. Schedule 2: Inventory: List of fixtures, fittings, and furniture included in the licence
3. Schedule 3: House Rules: Building or property specific rules and regulations
4. Schedule 4: Service Charges: Breakdown of any additional charges and service fees
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