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Revocable License To Use Property
"I need a Revocable License To Use Property agreement for a warehouse space in Jakarta Industrial Park, which will be used for storing electronic components from January 2025 to December 2025, with the ability to revoke with 30 days' notice."
1. Parties: Identification of the Licensor (property owner) and Licensee (permitted user), including their complete legal names, addresses, and any registration numbers
2. Background: Context of the agreement, including brief description of the property and purpose of the license
3. Definitions: Key terms used throughout the agreement, including 'Property', 'Permitted Use', 'License Period', and 'License Fee'
4. Grant of License: Specific details of the license being granted, including scope and nature of permitted use
5. License Period: Duration of the license, including start date and any renewal provisions
6. License Fee: Amount, payment schedule, and method of payment for the license
7. Permitted Use: Detailed description of how the Licensee may use the property, including any restrictions
8. Licensee's Obligations: Requirements for property maintenance, compliance with laws, and other responsibilities
9. Licensor's Rights and Obligations: Responsibilities of the property owner and rights to inspect/access the property
10. Revocation and Termination: Circumstances under which the license can be revoked or terminated, including notice requirements
11. Property Condition: State of the property at commencement and return requirements
12. Governing Law: Specification of Indonesian law as governing law and jurisdiction for disputes
1. Insurance: Requirements for property and liability insurance, used when the property value or usage risks warrant insurance coverage
2. Utilities and Services: Responsibility for utility payments and services, included when the property requires active utility connections
3. Alterations: Rules regarding modifications to the property, needed when alterations might be contemplated
4. Assignment and Sublicensing: Restrictions on transfer of rights, included when there's a need to explicitly prohibit or regulate transfer
5. Security Deposit: Terms for security deposit if required, included when property value or risk warrants
6. Force Majeure: Provisions for unforeseen circumstances, particularly relevant in longer-term licenses
7. Environmental Compliance: Environmental obligations and restrictions, necessary for properties where environmental concerns exist
8. Access Hours: Specific times when the property can be accessed, needed for shared facilities or properties with restricted access
1. Property Description: Detailed description of the licensed property, including address, boundaries, and relevant certificates
2. Property Plan: Floor plans, site maps, or other visual representations of the licensed property
3. Fee Schedule: Detailed breakdown of license fees, payment dates, and any incremental increases
4. Permitted Use Details: Comprehensive list of permitted activities and any specific restrictions
5. Condition Report: Detailed assessment of property condition at commencement of license
6. Building Rules: Any applicable building or facility rules that the Licensee must follow
7. Required Permits: List of governmental or regulatory permits required for the permitted use
Authors
Real Estate
Retail
Manufacturing
Education
Hospitality
Technology
Agriculture
Mining
Construction
Logistics
Entertainment
Religious Services
Healthcare
Professional Services
Legal
Operations
Facilities Management
Real Estate
Risk Management
Compliance
Corporate Services
Business Development
Property Administration
Contract Management
Property Manager
Facilities Manager
Real Estate Director
Legal Counsel
Operations Manager
Business Development Manager
Contract Administrator
Risk Manager
Compliance Officer
Asset Manager
Chief Operating Officer
Commercial Director
General Manager
Corporate Services Manager
Property Rights Administrator
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