Licence to occupy and Sitting-out Licence published
PLC Property has published two new Standard documents and a Practice note.
The two new Standard documents are:
- Licence to occupy property on short term basis. A Drafting note accompanies the Standard document: Drafting note: Licence to occupy property on short term basis.
- Sitting-out Licence.
PLC Property has also published a new Practice note: Lease, Licence, Tenancy at will - Which to use when?
This Practice note discusses the differences between a lease, licence and tenancy at will in the context of business premises. It concentrates on when to use which arrangement, particularly in the context of short term occupational arrangements.