Grant of License
Describe licensed area, rights granted, and any limits on access or hours; tie the description to an exhibit or floor plan for clarity and enforcement.
A written licensing agreement clarifies scope of use, limits landlord and licensee liabilities, establishes payment and termination mechanics, and creates enforceable remedies if parties diverge. Clear terms reduce disputes and support consistent recordkeeping for compliance and tax purposes.
Organizations and individuals who need controlled, short- or medium-term rights to occupy office space commonly use licensing agreements; they are often preferred where a full commercial lease is unnecessary.
The agreement format suits a range of parties — from single-location startups to large corporate real estate teams — and should be adapted to the parties’ risk tolerances and the governing jurisdiction.
| Field | Recommended Setting |
|---|---|
| Authentication Method | Email link with optional SMS code for higher assurance |
| Signature Order | Sequential order when approvals must occur in sequence |
| Conditional Fields | Use conditional fields for optional exhibits or fees |
| Reminder Schedule | Automated reminders at 3 and 7 days for outstanding signatures |
Choose a platform and file format that preserves the signed record, the audit trail, and required security controls.
Maintain copies in secure cloud storage, preserve the audit trail, and ensure authentication settings meet the transaction’s legal and internal policy requirements.
Date the agreement starts (MM/DD/YYYY)
Length of first term (e.g., 12 months)
Notice to extend or terminate (commonly 30–90 days)
Net terms or specific due date each billing cycle
Retention obligations listed for audit and compliance
Internal draft and legal review before external circulation.
Counterparty review and negotiated edits returned for approval.
All parties sign; platform captures audit trail.
Store final signed document and distribute certified copies.
| Criteria | Office Licensing Agreement | Commercial Lease |
|---|---|---|
| Typical Term | shorter, flexible | longer, fixed |
| Exclusive Possession | often not exclusive | usually exclusive |
| Recording | rarely recorded | often recorded |
| Tenant Protections | fewer statutory protections | more lease-specific protections |
| signNow | DocuSign | Adobe Sign | PandaDoc | HelloSign | |
|---|---|---|---|---|---|
| Starting Price | $8/user/mo | $15/user/mo | $14/user/mo | $19/user/mo | $15/user/mo |
| Free Trial | 7-day free trial | Varies by plan | Varies by plan | Varies by plan | Varies by plan |
| Bulk Send | Yes (Premium tier) | Yes | Yes | Yes | Varies by plan |
| Audit Trail | Yes | Yes | Yes | Yes | Yes |
| HIPAA Compliant | Yes (BAA available) | Yes | Yes | Varies | Varies |
| Envelope Cap | No envelope cap | 100 envelopes/user/year | Varies by plan | Varies by plan | Varies by plan |
Describe licensed area, rights granted, and any limits on access or hours; tie the description to an exhibit or floor plan for clarity and enforcement.
Specify initial term, automatic renewal conditions or renewal notice windows, and any early termination fees or cure periods for breaches.
Set fee amounts, billing cycle, late payment interest, and accepted payment methods; include tax allocation and who bears utilities or common area charges.
List authorized business activities and expressly prohibit hazardous, illegal, or disruptive uses; address signage and sub-license permissions if applicable.
Define required insurance coverages, minimum limits, and mutual indemnification clauses to allocate liability for third‑party claims and property damage.
Explain default cures, eviction or reentry rights where applicable, and post-termination obligations such as restoration or removal of fixtures.
As a small property operator, Martin Properties streamlined occupancy agreements with online signatures to eliminate in-person signings.
Xerox integrated eSignature into ERP workflows to automate approval routing for space licenses.
Owners or their authorized asset managers execute licensing agreements to control access and monetization of office space. Their responsibilities include verifying insurance, enforcing permitted uses, and coordinating maintenance and billing.
Business signatories such as facility managers or authorized officers sign on behalf of licensees; they must have corporate authority, ensure operational compliance, and manage payment and renewal obligations.