Licence to occupy

This is an agreement from the owner of a property that the licencee may occupy the property. Note that it doesn’t grant the same rights as a tenancy agreement (for example, licencees do not have security of tenure as they would in a lease). 

Also called a ‘tenancy at will’, this type of agreement can be brought to an end by either party without any notice.

If a licence agreement covers a specific term or time period, or includes rent or exclusive possession of the property, it becomes a lease, not a licence to occupy.

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