Trakti Smart "Legal" Contracts Blog


on September 27, 2023

An office sharing agreement is an agreement between an owner of office space and another business. It can be used where the provider of the space owns the property or has a lease of the property. This type of agreement does not create a tenancy but a prepaid usage licence to use the provided amenities on a monthly or casual basis. It is a contractual licence. The key difference is that a licence does not grant rights over a defined and fixed area. This agreement provides the sharer with a set number of workstations but does not specify their location. Co-working space owners provide a work environment and generally, office equipment and services characteristic of a typical workplace. The features of such an office space typically include the following: shared space to work, Conference and board rooms that can be reserved or rented on need basis, Wi-Fi, shared printing, copying, faxing and/or scanning facilities, PBX equipment, common kitchens, restrooms and/or lounges…

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