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Use Of Space Agreement
"I need a Use of Space Agreement for a 500 sq ft retail space in a shopping mall in Mumbai, where I plan to operate a pop-up store for three months starting January 2025, with requirements for signage rights and after-hours access."
1. Parties: Identification and details of the space owner/landlord and the user/occupant
2. Background: Context of the agreement and brief description of the premises and intended use
3. Definitions: Definitions of key terms used throughout the agreement
4. Grant of Use: Specific details of the space being granted for use and the nature of the grant (license/permission)
5. Term and Renewal: Duration of the agreement and any renewal provisions
6. Payment Terms: Usage fee, maintenance charges, utilities, and payment schedule
7. Permitted Use: Specific allowed uses of the space and any restrictions
8. Maintenance and Repairs: Responsibilities for maintenance, repairs, and upkeep of the space
9. User's Obligations: Key responsibilities and obligations of the user
10. Owner's Obligations: Key responsibilities and obligations of the owner
11. Insurance and Liability: Insurance requirements and liability allocation between parties
12. Termination: Grounds and process for termination of the agreement
13. Governing Law and Dispute Resolution: Applicable law and method of resolving disputes
14. Notices: Process and addresses for serving official notices
15. General Provisions: Standard boilerplate clauses including force majeure, entire agreement, amendments, etc.
1. Fit-out Works: Include when the user is permitted to make modifications or improvements to the space
2. Common Areas: Include when the space is part of a larger building with shared facilities
3. Security Deposit: Include when a security deposit is required, specifying amount and terms
4. Utilities and Services: Include detailed section when utilities are separately metered or specially arranged
5. Signage Rights: Include when user is granted rights to display signs or branding
6. Parking: Include when parking spaces are part of the agreement
7. Sub-licensing: Include when sub-licensing or sharing of space is permitted
8. Environmental Compliance: Include for spaces where specific environmental regulations apply
9. Operating Hours: Include when there are specific restrictions on hours of operation
1. Schedule 1 - Space Plan: Detailed floor plan and measurements of the space
2. Schedule 2 - Inventory: List of fixtures, fittings, and equipment included in the space
3. Schedule 3 - House Rules: Building rules and regulations if in a managed facility
4. Schedule 4 - Payment Schedule: Detailed breakdown of all payments including usage fee, maintenance charges, etc.
5. Schedule 5 - Handover Condition: Documentation of space condition at handover
6. Schedule 6 - Permitted Alterations: List of approved modifications or improvements if applicable
7. Schedule 7 - Service Level Agreement: Details of services to be provided by owner/facility manager
8. Appendix A - Required Approvals: List of necessary permits and approvals for space use
9. Appendix B - Insurance Requirements: Detailed insurance specifications and coverage requirements
Authors
Commercial Real Estate
Retail
Co-working Spaces
Office Space
Industrial
Healthcare
Education
Hospitality
Entertainment
Technology
Professional Services
Manufacturing
Logistics
Research and Development
Facilities Management
Real Estate
Legal
Operations
Administration
Procurement
Business Development
Property Management
Space Planning
Asset Management
Facilities Manager
Real Estate Manager
Property Manager
Operations Director
Business Development Manager
Legal Counsel
Commercial Manager
Space Planning Manager
Administration Manager
Procurement Manager
Chief Operating Officer
Real Estate Director
Expansion Manager
Location Manager
Asset Manager
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