Licence agreement to use part of home as an office

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Business property licence to establish a proper cost for tax and partner purposes
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  • Length:5 pages (1000 words)
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About this document

This document is exclusively for the use of a director of a company who effectively works from home and wants to set up provision for claiming home expenses against taxable income.

This is not a lease, which creates an interest in land, but a mere license. With a license, the property owner is effectively saying “OK, you can occupy my property for a while, but I can interrupt at any time and ask you to leave.” To a property owner, the advantage of a license is that in certain circumstances, it is easier to exercise control over licensees than over tenants. A further advantage is that the swirling mists and high costs of solicitors can be avoided. However, since Net Lawman now provides a “real” lease at a modest price, it is now possible to have “the real thing” without the high cost of legal fees.

This property licence includes minimal and usual provisions in simple format. It is suitable for a suite of any type of offices, for any business purpose.

Application and features

  • Suitable for work from home directors;
  • Flexible, practical paragraphs provide ideas for you to mould;
  • Explanatory notes to guide you;
  • Aids with proper administration of tax and self employment issues.

Contents

  • Details of the parties;
  • Property details;
  • Licence Fee: can be changed to suit you;
  • Licence fee inclusions such as services and rates;
  • Payment provisions: all payments the tenant might have to make;
  • Use allowed;
  • Licensee’s promises;
  • Other usual provisions to protect your interest.
Reviews of this document
4.8 out of 5 stars
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Recent reviews
08 December 2017
Very fast service, and provided me with the answers I needed . Thanks Rashid
Sinead Kachroo
Review of the Ireland version
07 October 2013
Good document. I will keep you in my favourites should I require any other documents in the future.
Jayne Byrne
Review of the United Kingdom version
14 May 2013
Prompt response to my query and exactly what I required
Ron Kidd
Review of the United Kingdom version
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