The Licence Agreement To Occupy Property is commonly used in Saudi Arabia when parties require a flexible arrangement for temporary property occupation that doesn't constitute a formal lease. This document is particularly relevant for situations requiring short-term or conditional property use, such as pop-up stores, temporary offices, or project-specific facilities. The agreement must comply with Saudi Arabian law and Shariah principles, including specific provisions for property rights, municipal regulations, and zoning requirements. It typically includes detailed terms about property access, usage limitations, maintenance responsibilities, and termination rights, while maintaining the distinction from a traditional lease agreement. This type of agreement is especially useful for businesses requiring quick setup times or flexible exit options, while ensuring all parties' rights are protected under Saudi law.
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1. Parties: Identification of the Licensor and Licensee with full legal names and details
2. Background: Context of the agreement and brief description of the property and purpose of the license
3. Definitions: Definitions of key terms used throughout the agreement
4. Grant of License: Specific terms of the license grant, including scope and limitations
5. Duration: Period of the license, including commencement date and termination provisions
6. License Fee: Amount, payment terms, and schedule of the license fee
7. Permitted Use: Specific permitted uses of the property and any restrictions
8. Licensee's Obligations: Key responsibilities and obligations of the Licensee
9. Licensor's Obligations: Key responsibilities and obligations of the Licensor
10. Property Maintenance: Responsibilities for maintaining the property during the license period
11. Insurance and Liability: Insurance requirements and allocation of risks
12. Termination: Grounds for termination and the termination process
13. Notices: Process and requirements for formal communications between parties
14. Governing Law: Confirmation of Saudi law and Shariah principles as governing law
15. Execution: Signature blocks and execution requirements
1. Utilities and Services: Details of utility arrangements and service provisions, used when utilities are not included in the license fee
2. Security Deposit: Terms of any security deposit required, used when the Licensor requires financial security
3. Alterations: Provisions regarding permitted modifications to the property, used when alterations might be necessary
4. Assignment and Sublicensing: Restrictions on transfer of rights, used when these need to be explicitly prohibited or regulated
5. Force Majeure: Provisions for unforeseen circumstances, used in longer-term licenses
6. Dispute Resolution: Specific dispute resolution procedures, used when parties want to specify particular methods
7. Confidentiality: Confidentiality obligations, used for commercial properties or sensitive locations
8. Environmental Matters: Environmental obligations and compliance, used for industrial or commercial properties
1. Property Description: Detailed description of the licensed property including plans and photographs
2. License Fee Schedule: Detailed breakdown of license fees and payment dates
3. Permitted Use Details: Specific details of permitted activities and any restrictions
4. Property Rules and Regulations: Specific rules governing the use of the property
5. Condition Report: Documentation of property condition at commencement of license
6. Insurance Requirements: Detailed insurance requirements and specifications
7. Municipal Approvals: Copies of relevant municipal permits and approvals
8. Service Level Agreement: Details of any services provided by the Licensor
Relevant legal definitions
Clauses
Relevant Industries
Real Estate
Commercial Property
Retail
Industrial
Hospitality
Education
Healthcare
Technology
Professional Services
Construction
Energy
Manufacturing
Logistics
Entertainment
Religious Institutions
Relevant Teams
Legal
Real Estate
Facilities Management
Operations
Risk and Compliance
Property Management
Administrative Services
Business Development
Procurement
Asset Management
Relevant Roles
Real Estate Manager
Property Manager
Facilities Manager
Legal Counsel
Corporate Lawyer
Operations Director
Business Development Manager
Chief Operating Officer
Compliance Officer
Risk Manager
Asset Manager
Project Manager
Space Planning Manager
Commercial Director
Administrative Manager
Procurement Manager
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