Estate Agents

Valuers

Surveyors

 

Commercial Property Services

Licences

A licence is essentially the lawful grant of a right to do something which would otherwise be illegal or wrongful. A licence does not transfer any "interest" in land, but it may permit

 
Commercial Services
Services A to F
Services G to P
Services Q to V

the occupier (licensee) to enter the owners (licensors) land for some specific purpose.

A licence does not provide a licensee with security of tenure of rights as set out in Part II of the Landlord and Tenant Act 1954, although the distinction between a "licence" or a "lease" is not always clear.

It is essential that a licence is documented correctly and that the parties' obligations are clear from the outset. Under a licence, the consideration paid is known as the 'fee' instead of the 'rent' which is the case for a lease.


- Christo & Co -
Commercial and Residential property specialists, estate agents, valuers and surveyors
in Kentish Town, Camden Town and throughout North & North West London

66-70 Parkway, London, NW1 7AH - Tel: 020 7482 1203 - Fax: 020 7482 4441
- Web: www.Christo.co.uk