Non-Exclusive License Agreement to use Real Property, including Waiver, Assumption of Risk, and Indemnification Agreement
What is this form?
The Non-Exclusive License Agreement to use Real Property is a legal document that grants permission to an individual (the Licensee) to use another person's property (the Licensor) for specified recreational activities. Unlike an easement, which is a permanent right attached to the land, a license is a temporary and revocable privilege. This form includes essential clauses such as waiver, assumption of risk, and indemnification, which help protect the Licensor from liability while allowing the Licensee to engage in agreed-upon activities on the property.
Key components of this form
- Identification of parties involved: Licensor and Licensee, including their addresses.
- Description of the property being licensed, including its legal description.
- Specified recreational activities for which the Licensee can use the property.
- Payment terms, including the amount and frequency of license fees.
- Conditions under which the agreement can be terminated.
- Release and indemnification clauses that protect the Licensor from liability.
When to use this form
This form is ideal for situations where a property owner wishes to allow others to use their land for specific purposes such as hunting, fishing, or recreational activities, but wants to maintain control over the property and limit liability. It is particularly useful for landowners who want to formalize agreements with individuals who will engage in activities that may involve risk.
Intended users of this form
This form is intended for:
- Property owners (Licensors) who want to allow others to use their land while protecting themselves from legal liabilities.
- Individuals (Licensees) seeking permission to use someone elseâs property for recreational purposes.
- Attorneys drafting agreements on behalf of clients engaged in property usage arrangements.
How to complete this form
- Identify and enter the names and addresses of both the Licensor and Licensee.
- Provide the specific address and legal description of the property being licensed.
- List the recreational activities that the Licensee is permitted to engage in on the property.
- Specify the payment amount and frequency for the license fee.
- Include any necessary state laws related to property usage and liabilities.
- Ensure both parties sign and date the agreement to finalize it.
Notarization guidance
This form does not typically require notarization unless specified by local law. However, it is advisable to have the signatures witnessed to enhance the validity of the agreement in case it is ever contested.
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Make edits, fill in missing information, and update formatting in US Legal Forms—just like you would in MS Word.
Download a copy, print it, send it by email, or mail it via USPS—whatever works best for your next step.
Sign and collect signatures with our SignNow integration. Send to multiple recipients, set reminders, and more. Go Premium to unlock E-Sign.
If this form requires notarization, complete it online through a secure video call—no need to meet a notary in person or wait for an appointment.
We protect your documents and personal data by following strict security and privacy standards.
Avoid these common issues
- Not clearly identifying the property or outlining the activities allowed.
- Failing to specify payment details, which can lead to disputes.
- Neglecting to include terms for termination of the agreement.
- Not having both parties review the agreement before signing.
Benefits of using this form online
- Easy downloading and editing options to suit specific needs.
- Access to attorney-drafted templates ensures reliability and compliance.
- Conveniently complete the form at your pace without needing legal representation.
Legal use & context
- The Non-Exclusive License Agreement helps define the scope of the rights granted to the Licensee while protecting the Licensor's legal interests.
- This agreement may be enforced in court, provided it meets all legal standards within the relevant jurisdiction.
- Users should be aware of their local laws regarding property use to ensure compliance with the terms of the agreement.
Quick recap
- The Non-Exclusive License Agreement is a personal privilege rather than a property interest.
- Itâs essential to clearly define the property and allowed activities.
- Both parties should understand their rights and responsibilities, including liability releases.
- Ensure all terms, including payments and termination procedures, are explicitly stated to avoid misunderstandings.
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FAQ
A Non-Exclusive Licence grants to the licensee the right to use the intellectual property, but means that the licensor remains free to exploit the same intellectual property and to allow any number of other licensees to also exploit the same intellectual property.
A contract violation is a somewhat regular occurrence in the business world, defined as a breach of any of the terms of a contract that were previously agreed upon by all parties.If one of the parties does not fulfill their duties as stated, this is considered a contract violation, or a breach of contract.
An example of a licensing agreement is a contract between the copyright holders of software and another company, allowing the latter to use the computer software for their daily business operations.
Breach of Licensing Agreement If the material is used after the licensee has been notified of the contract cancellation, this constitutes infringement. Using the work in an unauthorized manner, such as adapting it into another language, is also considered infringement.
The difference between exclusive and non-exclusive agreement refers to how vendors and partners work with each other. Exclusive agreements exclude competitors for a set period of time, while non-exclusive agreements allow for competitors, often as motivating tools.
An exclusive license grants the licensee singular permission to exploit the intellectual property in question.Non-exclusive licenses allow more latitude in the number of licenses granted while allowing the licensor to retain the rights to further develop and exploit its own intellectual property.
An exclusive license agreement covers a license that is limited to a specific field or subject, such as a market, territory, length of time, or context.The licensor can issue an unlimited number of licenses that have different rights within the same field, or licenses with the same rights in a different field.
The exclusivity gives the licensee the incentive to invest in developing the market potential of the technology.This is because the licensor could sell licenses to all of the company's competitors after the first licensee educates and cultivates the market for the product.
