The Property License Agreement serves as a crucial legal instrument in Irish property transactions where parties seek to establish temporary property use arrangements without the complexities of a full lease. This document is particularly relevant when flexibility is required, such as for pop-up stores, temporary office spaces, or short-term facility use. It details essential elements including usage rights, duration, fees, and obligations while ensuring compliance with Irish property law and regulations. The agreement is designed to protect both licensor and licensee interests while maintaining clarity about the nature of the relationship - specifically that it creates a license rather than a lease or tenancy. Common applications include commercial spaces, shared facilities, temporary installations, and specialized use cases where traditional leasing arrangements would be impractical or undesirable.
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1. Parties: Identifies and defines the Licensor and Licensee with full legal names and addresses
2. Background: Sets out the context of the agreement, including brief property description and purpose of the license
3. Definitions: Defines key terms used throughout the agreement for clarity and legal certainty
4. Grant of License: Specifies the exact rights being granted, including permitted use and any restrictions
5. Term and Termination: Details the duration of the license and circumstances for termination
6. License Fee: Specifies the amount, payment terms, and schedule of the license fee
7. Licensee Obligations: Lists all responsibilities and obligations of the Licensee
8. Licensor Obligations: Details the responsibilities and obligations of the Licensor
9. Property Maintenance: Outlines responsibilities for maintaining the property and handling repairs
10. Insurance and Liability: Specifies insurance requirements and allocation of risks
11. Access and Security: Details access rights, restrictions, and security arrangements
12. Governing Law: Confirms Irish law governs the agreement and jurisdiction for disputes
13. Entire Agreement: Standard boilerplate confirming this document represents the complete agreement
14. Execution: Signature blocks and execution details
1. Utilities and Services: Include when the license includes responsibility for utilities or shared services
2. Alterations and Improvements: Include when the Licensee may make changes to the property
3. Sublicensing and Assignment: Include when addressing whether these rights are permitted or prohibited
4. Environmental Matters: Include for properties with specific environmental considerations or requirements
5. Planning and Zoning: Include when specific planning permissions or zoning requirements affect the license
6. Break Clause: Include when early termination options are available to either party
7. Force Majeure: Include when specific provisions for unforeseen circumstances are needed
8. VAT: Include when VAT applies to the license fees or other charges
1. Property Description: Detailed description of the licensed property including plans and measurements
2. License Fee Schedule: Detailed breakdown of fees, payment dates, and review mechanisms
3. Permitted Use: Detailed description of allowed activities and any specific restrictions
4. Property Condition Report: Inventory and condition of the property at commencement of license
5. House Rules: If applicable, rules governing the use of the property or shared facilities
6. Insurance Requirements: Detailed specifications of required insurance coverage
7. Service Level Agreement: If applicable, details of services provided as part of the license
8. Floor Plans: Detailed plans showing the licensed area and any shared spaces
Relevant legal definitions
Clauses
Relevant Industries
Real Estate
Commercial Property
Retail
Hospitality
Co-working Spaces
Education
Healthcare
Technology
Manufacturing
Warehousing and Storage
Entertainment and Events
Professional Services
Relevant Teams
Legal
Real Estate
Facilities Management
Operations
Finance
Risk and Compliance
Property Administration
Asset Management
Business Development
Corporate Services
Relevant Roles
Property Manager
Facilities Manager
Real Estate Director
Legal Counsel
Commercial Director
Operations Manager
Business Development Manager
Risk Manager
Compliance Officer
Finance Director
Property Administrator
Asset Manager
Estate Manager
Contract Manager
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