Abstract: Methods and systems for regulating use of an asset by a user entity. The user entity may be bound by an asset use agreement providing the user entity a right to use the asset subject to at least one use limitation. Regulating use of the asset may be carried out using at least one processor in communication with a sensor, wherein the sensor is configured to sense a condition associated with the asset relating to at least one use limitation. The method may include generating a violation notification message for a managing entity when the at least one processor identifies a violation by the user entity of the at least one use limitation. The managing entity may be the entity responsible for regulating the user entity's use of the asset. The managing entity may be remote from the asset and/or the processor.