Licence to occupy
Licence to occupy

The following Property precedent provides comprehensive and up to date legal information covering:

  • Licence to occupy
  • 1 Definitions
  • 2 Interpretation
  • 3 Licence
  • 4 Payments
  • 5 Licensee's obligations
  • 6 Assignment or sharing
  • 7 Breach of Licensee's obligations
  • 8 VAT
  • 9 Interest
  • More...

Date [date]

Parties

  1. 1

    [name of Licensor] [of OR incorporated in England and Wales with company registration number [number] whose registered office is at] [address] (Licensor)

  1. 2

    [name of Licensee] [of OR incorporated in England and Wales with company registration number [number] whose registered office is at] [address] (Licensee)

    1. 1

      Definitions

      In this Licence the following definitions apply:

      [[Building

      1. the Licensor’s building known as [description] [and registered at HM Land Registry with title number [title number]];]

      OR

      [Centre

      1. the Licensor's shopping [centre OR precinct] known as [name] [and registered at HM Land Registry with title number [title number]];]]

      Designated Area

      1. the area within the Licence Area shown [edged OR coloured OR hatched] [colour] on the Plan or any other [[office OR retail]] area within the Licence Area [comprising a single area of not less than [number] square metres] that the Licensor designates from time to time in its absolute discretion on [5] Working Days’ notice to the Licensee;

      Legislation

      1. all legislation having effect in the United Kingdom at any time during the term of this Licence, including:

        1. (a)

          Acts of Parliament

        2. (b)

          orders, regulations, consents, licences, notices and bye laws made or granted:

          1. (i)

            under any Act of Parliament;

          2. (ii)

            by a local authority or by a court of competent jurisdiction

        3. (c)

          any approved codes of practice issued by a statutory body;

      Licence Area

      1. the area of the [Building OR Centre] shown [edged OR coloured

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