A license only gives one a personal privilege to do something on the land of another. A license is not an interest in land, but is a privilege to do something on the land of another person. Upon the sale of the property, subject to the license, the license terminates unless a new license is executed. This form is an example of such an agreement.
The Wisconsin General Form of License Agreement Regarding Right to use Real Property is a legal document that establishes the terms and conditions under which an individual or entity (the "Licensee") is granted the right to use a specific piece of real property owned by another party (the "Licensor"). This license agreement serves as a contractual arrangement between the parties involved, outlining their rights, obligations, and responsibilities pertaining to the use of the property. Key elements included in the Wisconsin General Form of License Agreement regarding the right to use real property may consist of the following: 1. Parties: The agreement identifies the Licensor (property owner) and the Licensee (individual or entity seeking the right to use the property). 2. Property details: The specific real property subject to the license agreement is described in detail, including its physical address, boundaries, and any relevant legal identifiers (such as parcel numbers). 3. Duration: The agreement stipulates the duration of the license, specifying the start and end dates. It may also outline any provisions for renewal or termination of the agreement. 4. Permitted use: The agreement clearly defines the purpose for which the Licensee is granted access and use of the real property. This may include limitations or restrictions on the nature of activities or operations permitted on the property. 5. Consideration: The financial or non-financial considerations provided by the Licensee in exchange for the right to use the property are set forth in this section. It may include rental payments, maintenance responsibilities, utility obligations, or any other agreed-upon compensation. 6. Maintenance and alterations: The agreement outlines the responsibilities of both parties regarding the maintenance, repair, and alterations of the property. It may specify who is responsible for routine maintenance, repairs, and any required permits or approvals for modifications. 7. Indemnification and liability: This section addresses any potential liabilities or damages that may arise during the Licensee's use of the property. It may include indemnification clauses to protect the Licensor from legal claims resulting from the Licensee's actions. 8. Insurance: The parties' insurance obligations are defined in this section, such as the type and amount of insurance coverage each party must maintain during the license term. 9. Assignment and subletting: The agreement may outline any restrictions or permissions regarding the Licensee's ability to assign their rights or sublet the property to another party. 10. Governing law and dispute resolution: The agreement specifies the governing law of Wisconsin and may include provisions for resolving disputes, such as mediation or arbitration. It's important to note that the specific types of Wisconsin General Form of License Agreement Regarding Right to use Real Property may vary based on the particular circumstances and intentions of the parties involved. For example, there could be license agreements regarding the use of commercial properties, residential properties, agricultural lands, or even natural resources. Each distinct type of license agreement may contain additional provisions tailored to the specific property and intended use.
