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  1. #1
    Join Date
    Nov 2013
    Posts
    7

    Default Early Termination of a Temporary Licensing Agreement

    My question involves business law in the state of: California

    I entered into a temporary licensing agreement (TLA) with a Mall in Southern California to operate a kiosk based business. The term is 6 months and includes provisions for monthly costs, conditions of the agreement such as usages, business standards to be adhered to and so forth. It does not include language related to early termination. Unfortunately, the location is not profitable and we may have to close the business prior to the term of the license. My question is what is my liability if I terminate early. Is a temporary licensing agreement such as this equivalent to a lease, in which case I am liable for payment through the end of the term or is it simply a license, in which case my liability is to the extent of the security deposit I paid at the initiation of the agreement?

    Thanks.

  2. #2
    Join Date
    Jan 2013
    Posts
    372

    Default Re: Early Termination of a Temporary Licensing Agreement

    We haven't read your agreement and can't advise you on the terms. If you can not understand your agreement a local business lawyer should be able to answer your questions after reading your agreement

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