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Residential Licence Agreement
"I need a Residential License Agreement for a furnished student housing unit in Toronto, starting January 2025, with specific provisions for shared kitchen facilities and mandatory meal plan inclusion."
1. Parties: Identification of the Licensor and Licensee with full legal names and addresses
2. Background: Context of the agreement and confirmation this is a license, not a lease
3. Definitions: Key terms used throughout the agreement including 'Property', 'License Fee', 'Common Areas', etc.
4. Grant of License: Specific terms of the license grant, including the room/space licensed and any shared facilities
5. Duration: Term of the license, including start and end dates
6. License Fee: Amount payable, payment schedule, and payment methods
7. Security Deposit: Amount, terms of holding, and conditions for return
8. Services and Utilities: Details of included services and responsibility for utility payments
9. Licensee Obligations: Responsibilities of the licensee including conduct, maintenance, and use restrictions
10. Licensor Obligations: Responsibilities of the licensor including maintenance and service provision
11. House Rules: Specific rules governing the use of the property and common areas
12. Termination: Circumstances and process for ending the license
13. Notices: How formal communications between parties should be made
14. Governing Law: Confirmation of applicable Canadian law and jurisdiction
15. Execution: Signature blocks and date of agreement
1. Insurance: Required when licensee needs to maintain specific insurance coverage
2. Smoking Policy: Specific section needed when property has particular smoking restrictions
3. Pet Policy: Required when pets are either allowed with conditions or prohibited
4. Parking: Include when parking space is available and terms of use need to be specified
5. Sublicensing and Guests: Include when specific restrictions on guests or sublicensing need to be outlined
6. Special Conditions: For any property-specific conditions or unique arrangements
7. Internet/Cable Services: Include when these services are provided with specific terms of use
8. Furniture and Fixtures: Required when property is provided furnished
1. Schedule A - Property Description: Detailed description of licensed space and common areas
2. Schedule B - House Rules: Comprehensive list of property rules and regulations
3. Schedule C - Inventory List: List of furniture and items included in furnished properties
4. Schedule D - Service Schedule: Details of any included services (cleaning, maintenance, etc.)
5. Schedule E - Fee Schedule: Breakdown of license fee and any additional charges
6. Appendix 1 - Property Photos: Documentation of property condition at commencement
7. Appendix 2 - Floor Plan: Layout of the licensed space and common areas
Authors
Real Estate
Student Housing
Corporate Housing
Education
Property Management
Short-term Accommodation
Residential Property
Housing Services
Legal
Property Management
Operations
Residential Services
Compliance
Contract Administration
Student Services
Corporate Housing
Facilities Management
Risk Management
Property Manager
Real Estate Manager
Housing Coordinator
Residential Services Director
Legal Counsel
Contracts Administrator
Student Housing Manager
Corporate Housing Manager
Facilities Manager
Compliance Officer
Operations Manager
Residential Life Coordinator
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