A legal document granting permission to occupy residential property under certain terms.
This type of licence is often used for short-term arrangements, where the owner or primary tenant retains significant control over the property. It differs from a lease, as it does not establish a landlord-tenant relationship, and the occupier generally has limited rights, making it easier for the property owner to regain possession.
The Licence to Occupy often includes stipulations regarding the duration of the stay, responsibilities for maintenance, and any specific house rules that must be adhered to. It's typically suited for arrangements where flexibility is paramount, such as house-sitting, temporary stays, or accommodation of guests without establishing a formal long-term rental contract.
A Licence to Occupy Residential Property is typically used by landlords granting permission for an individual or group to occupy a property temporarily. It is suitable for arrangements where both parties prefer flexibility and do not want the long-term commitments of a tenancy agreement.
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