Last Updated: January 08, 2025
The agreement usually grants a license to use the workspace, not a lease, meaning it doesn't confer tenancy rights.
It specifies the duration of the agreement and the process for renewal or termination.
Details about membership fees, payment schedules, security deposits, and penalties for late payments are outlined.
Information on additional charges for services like meeting room bookings or printing may be included.
Members are expected to use the space for lawful business activities only.
Policies regarding sharing spaces, hosting events, or making alterations to the workspace are typically specified.
Rules promoting respectful behavior, noise control, cleanliness, and collaboration among members are common.
Prohibitions against illegal activities, harassment, and disruptive behavior are standard.
Members are often required to respect the confidentiality of other members' information.
The coworking space may disclaim liability for any data breaches or loss of confidential information.
The space typically disclaims responsibility for loss or damage to personal property.
Members may be advised to obtain their own insurance coverage.
Conditions under which either party can terminate the agreement, notice periods, and refund policies are detailed.
There is no cancellation and refund at any cost
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