Document background
The Lease & License Agreement is essential for transactions involving property rental with additional usage rights in the Philippines. This document is commonly used when the arrangement extends beyond simple property occupation to include specific licensed activities or facility usage rights. It combines elements of a standard lease agreement with licensing provisions, making it suitable for complex commercial arrangements, mixed-use properties, or situations requiring careful regulation of tenant activities. The agreement must comply with Philippine property laws, including the Civil Code, Rent Control Act, and local government regulations. It's particularly relevant for commercial properties where tenants require specific operational rights, or residential properties with shared facilities. The document typically includes detailed provisions on property use, maintenance obligations, payment terms, and the scope of licensed activities, while incorporating necessary protections for both parties under Philippine law.
