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Commercial Property Licence Agreement Template for Australia

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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 Melbourne CBD, starting March 2025, with specific provisions for after-hours access and shared storage facilities."

Document background
The Commercial Property Licence Agreement is utilized in situations where parties require a more flexible arrangement than a traditional lease for commercial property use in Australia. This document is particularly suitable for temporary or shared space arrangements, pop-up stores, co-working spaces, or when testing new business locations. It establishes the rights and obligations of both licensor and licensee while ensuring compliance with Australian property law, commercial regulations, and relevant state-specific requirements. The agreement typically includes detailed provisions for property access, usage limitations, fee structures, maintenance responsibilities, and termination rights, while offering greater flexibility in terms of duration and commitment compared to traditional commercial leases.
Suggested Sections

1. Parties: Identifies and provides full details of the licensor and licensee, including ABN/ACN for companies

2. Background: Outlines 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, outgoings, and payment terms

7. Use of Licensed Area: Defines permitted and prohibited uses of the licensed area

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

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

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

11. Default and Termination: Outlines events of default and termination procedures

12. GST: Addresses GST treatment of payments under the licence

13. General Provisions: Contains standard boilerplate clauses including notices, governing law, etc.

14. Execution: Formal execution block for parties to sign

Optional Sections

1. Fit-out Works: Include when the licensee will be conducting initial fit-out works in the licensed area

2. Security Deposit: Include when a security deposit or bank guarantee is required

3. Option to Purchase: Include if the licensee is granted an option to purchase the property

4. Sublicensing and Assignment: Include if sublicensing or assignment rights are to be granted

5. Environmental Obligations: Include for properties with specific environmental requirements or risks

6. Operating Hours: Include when there are specific restrictions on hours of operation

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

8. Building Manager Requirements: Include for properties with building management requirements

9. Covid-19 Provisions: Include specific provisions related to pandemic restrictions and obligations

Suggested Schedules

1. Schedule 1 - Licensed Area: Detailed description and plans of the licensed area

2. Schedule 2 - Licence Fee and Payment Details: Comprehensive breakdown of all financial terms and payment schedules

3. Schedule 3 - Permitted Use: Detailed description of permitted activities and use restrictions

4. Schedule 4 - Condition Report: Initial condition report of the licensed area

5. Schedule 5 - Building Rules: Building rules and regulations applicable to the property

6. Appendix A - Plan: Floor plan or site plan of the licensed area

7. Appendix B - Special Conditions: Any special or negotiated conditions specific to this licence

8. Appendix C - Insurance Requirements: Detailed insurance requirements and minimum coverage levels

9. Appendix D - Fit-out Guidelines: Technical specifications and requirements for any permitted fit-out works

Authors

Alex Denne

Head of Growth (Open Source Law) @ ¶¶Òõ¶ÌÊÓÆµ | 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

Commercial Property

Professional Services

Education

Healthcare

Hospitality

Manufacturing

Logistics

Technology

Relevant Teams

Legal

Operations

Facilities Management

Property Management

Finance

Compliance

Real Estate

Business Development

Asset Management

Risk Management

Relevant Roles

Property Manager

Facilities Manager

Legal Counsel

Commercial Director

Operations Manager

Real Estate Manager

Business Development Manager

Chief Financial Officer

Compliance Officer

Asset Manager

Property Services Director

Retail Operations Manager

Site Manager

General Counsel

Commercial Property Agent

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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