When specifying which rights you grant to your Licensee, be as detailed as possible. It will help you to avoid any potential misunderstandings or miscommunications.
3.1 A non-exclusive, limited right and license, without transfer of title or proprietary interest in the Property, to use the real estate located at (state the address) (the "Property") for residential purposes or business activities.
3.2 The right to enter the Property and use it for the agreed-upon purpose.
3.3 The right to make improvements on the Property, including any necessary repairs.
3.4 The right to sublet a portion of the Property or assign parts of the Agreement.
3.5 The right to install critical mechanical, electrical and plumbing systems.
3.6 The right to make changes to the interior or exterior of the Property, provided such changes do not damage or devalue the Property.
3.7 The right to install signage on the Property under local ordinances.
3.8 The right to advertise space availability at the Property for rental purposes.