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Licence to occupy part of home as office  

Doc Ref. EN-PRle23
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Word count: 511

Licence to occupy part of home as office; business property licence to establish a proper cost for tax and partner purposes

 
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About this document
This document is exclusively for the use of a director of a company who effectively works from home and wants to set up provision for claiming home expenses against taxable income.

This is not a lease, which creates an interest in land, but a mere license. With a license, the property owner is effectively saying “OK, you can occupy my property for a while, but I can interrupt at any time and ask you to leave.” To a property owner, the advantage of a license is that in certain circumstances, it is easier to exercise control over licensees than over tenants. A further advantage is that the swirling mists and high costs of solicitors can be avoided. However, since Net Lawman now provides a “real” lease at a modest price, it is now possible to have “the real thing” without the high cost of legal fees.

This property licence includes minimal and usual provisions in simple format. It is suitable for a suite of any type of offices, for any business purpose.
 
Contents
Property details
Licence Fee: can be changed to suit you
Licence fee inclusions such as services and rates
Payment provisions: all payments the tenant might have to make
Use allowed
Licensee’s promises
Draftsman
This document is drawn and maintained by Net Lawman. It is real law in plain English.

 
 
 
 
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