Free Property Use Agreement

This Property Use Agreement ("Agreement") is entered into by [Your Name] ("Landlord"), and [Occupant's Name] ("Occupant"), collectively referred to as the "Parties".

1. Purpose of the Agreement

This Agreement is intended to set out the terms and conditions governing the use of the property located at [Property Address] ("Property"). It is designed to protect the interests of both Parties while detailing the obligations and any restrictions associated with the use of the Property. The Agreement aims to assure a peaceful, mutual, and beneficial understanding throughout the period that Parties will be conducting activities in the Property.

2. Terms of Use

2.1 Description of Property: The Landlord agrees to provide the Occupant with the use of the following property (the "Property") located at [Property Address].

2.2 Permitted Use: The Occupant is permitted to use the Property solely for commercial purposes as a retail store as agreed upon by both parties.

2.3 Term: The term of this Agreement shall commence on the 20th day of January 2050 and shall continue until the 30th day of March 2050, unless terminated earlier by the provisions herein.

2.4 Use Restrictions: The Occupant shall comply with all laws and rules affecting the Property. The Occupant shall not make any alterations to the Property without the Landlord's prior written consent. Any exceptions to these restrictions must be explicitly agreed upon by the Parties in writing.

2.5 Maintenance and Repairs: The Occupant shall be responsible for the maintenance and repair of the Property, including but not limited to any damages caused by the Occupant or their guests.

3. Compensation and Fees

3.1 Rent: In consideration for the use of the Property, the Occupant agrees to pay the Landlord the sum of [Amount] per month payable on the first day of each month.

3.2 Security Deposit: The Occupant shall pay a security deposit of [Amount] upon signing this Agreement. The security deposit shall be refunded to the Occupant within 30 days of the termination of this Agreement, subject to any deductions for damages or unpaid rent.

4. Confidentiality and Non-Disclosure

The agreement between both parties includes a mutual understanding to maintain the confidentiality of any information that is acquired throughout this agreement.

Both parties have committed to ensuring that such information remains confidential, and to not share this confidential information with any third party. The disclosure of such confidential information to any third party can only be facilitated with the other party's written consent.

5. Termination Conditions

5.1 Termination by Mutual Agreement: This Agreement may be terminated at any time by mutual agreement of both parties in writing.

5.2 Termination for Breach: Either party may terminate this Agreement upon written notice to the other party in the event of a material breach of any provision of this Agreement by the other party, provided that the breaching party has failed to cure such breach within 14 days of receiving written notice thereof.

6. Dispute Resolution

Should any disagreements, conflicts, or issues stem from or are associated with this Agreement, the preferred method of resolution will be through a mediation process. This process must be overseen and conducted by a neutral third party, a mediator, who is mutually agreed upon and acceptable to both parties involved in the dispute.

7. Governing Law

This Agreement shall be governed by and construed under the laws of [Jurisdiction]. Any legal action arising out of or relating to this Agreement shall be brought exclusively in the courts of [Jurisdiction].

8. Signatures

IN WITNESS WHEREOF, the parties hereto have executed this Agreement as of the Effective Date first above written.

[Your Name]

Landlord

[Date Signed]

[Occupant's Name]

Occupant

[Date Signed]

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