A License To Use Property Agreement is a contract between two parties that grants permission for one party to use a specified piece of property belonging to the other party. This type of agreement defines the terms and conditions which must be met before use of the property can begin, as well as any restrictions or limits on the use of said property. It also outlines liability both in the event of an accident or injury on the premises, and if the property is damaged or destroyed by either party during their usage. With a formal, legally-binding arrangement like this in place, both parties can be assured that their rights and possessions are secure and protected.