How to Create a Digital Land Rental Agreement in Metaverse?

METAVERSE AREA LEASE AGREEMENT

1. Parties

LESSOR (DIGITAL SPACE OWNER):
Name / Title: [Name / Company Name]
Turkish Republic Identity Number / Tax Identification Number: [Turkish Republic Identity Number/Tax Identification Number]
Address: [Physical mailing address + wallet address if available]
Contact: [Phone / Email / Metaverse username]

TENANT (DOMAIN USER):
Name / Title: [Name / Company Name]
Turkish Republic Identity Number / Tax ID Number: [Turkish Republic Identity Number/Tax ID Number]
Address: [Physical address]
Contact: [Phone / Email / Metaverse avatar ID]

The parties will be referred to collectively as "the Parties".

2. Subject of the Agreement

The subject of this agreement is to determine the procedures and principles for the rental of the digital land/store space/showroom owned by the LESSOR , located at [e.g., Decentraland – X area – Parcel No: 1234], by the LESSEE for commercial, promotional, event or exhibition purposes .

3. Description of the Leased Area

3.1. Rented digital space: [Region, coordinate, ID information] in the [e.g., Decentraland / Sandbox / Spatial / OVR etc.] environment

3.2. Nature of the area:

3.3. All technical details regarding the rented space, including its content, avatar capacity, stored objects, and API connections, are included in Appendix 1 of this agreement

4. Duration

4.1. The contract period is [e.g., 12 months] starting from …/…/2025 .

4.2. Unless the parties agree otherwise in writing, the contract shall automatically terminate at the end of the specified period.

5. Rent and Payment

5.1. Monthly rent: [e.g., 250 USDT or equivalent in TRY]

5.2. Rent is paid within the first 5 days of each month via [crypto wallet address / bank IBAN]

5.3. Payment method:

TRY (bank transfer)
Payment with crypto assets like USDT / ETH / MATIC
In terms of stablecoins
NFT equivalent (determined by the parties in specific cases)

6. Terms of Use

6.1. The TENANT shall use the digital space for the purposes specified in the contract; it may not host pornographic, illegal, or copyrighted content.

6.2. If third-party products, services, or brands are advertised on the premises, the TENANT is responsible for obtaining the necessary permissions.

6.3. The copyright and intellectual property responsibility for all content used within the area belongs to the TENANT.

7. Access and Technical Support

7.1. Access to the rented digital space will be provided via the avatar ID/digital key belonging to the TENANT

7.2. The LESSOR is not responsible for system-related access interruptions but will provide technical support.

7.3. Maintenance, updates, or system changes will be notified to the TENANT in advance.

8. Subleasing and Transfer

8.1. The TENANT may not rent, transfer, or assign sub-users to third parties using the digital space.

8.2. Failure to comply constitutes grounds for unilateral termination of the contract.

9. Penalty Clause and Termination

9.1. If the TENANT fails to pay the rent for 2 (two) consecutive months, the contract will automatically terminate and digital access will be immediately removed.

9.2. If the tenant vacates the premises before the end of the lease term, they are obligated to pay compensation equal to 50% of the remaining months' rent

9.3. If the LANDLORD intentionally closes the area to access for reasons other than a system malfunction, the LANDLORD shall pay compensation to the TENANT in proportion to the damages incurred .

10. Intellectual Property and Copyright

10.1. Copyright of all content used in the digital environment belongs to the TENANT.

10.2. The Lessor may use this content only for promotional or reference purposes.

10.3. Images, audio files, videos, logos, and NFTs hosted on the site are the responsibility of the TENANT.

11. Privacy and Data Security

11.1. The parties agree to keep confidential all information and content obtained under this agreement.

11.2. In case of processing of personal data, the obligations under the Personal Data Protection Law (KVKK) belong to the TENANT.

12. Dispute Resolution

The Istanbul Central Courts and Enforcement Offices shall have jurisdiction over any disputes that may arise between the parties .

13. Entry into force

This agreement, consisting of 13 articles and signed in two copies by the parties, entered into force on …/…/2025.

APPENDICES:

Appendix 1: Digital Domain Characteristics
APPENDIX 2: Access Information and Avatar ID
APPENDIX-3: Payment Plan and Crypto Wallet Address

SIGNATURE SECTION

<div style=”display: flex; justify-content: space-between;”><div>**LANDLORD** Name / Authorized Person: …………………… Signature: ____________________</div><div> **TENANT** Name / Authorized Person: …………………… Signature: ____________________</div></div>

YAĞMUR YORULMAZ, LAW FACULTY STUDENT

Single Blog Title