leases and licensees Flashcards
1
Q
what is a license
A
license is a personal interest, that is a permission which is temporary and conditional and doesn’t bind third parties and can be terminated at anytime
1
Q
what is a lease
A
property interest
2
Q
what did lord Templeman define a lease as?
A
1) a grant of land
2) for a price (rent)
3) at a term
4) with exclusive possession
3
Q
what has more rights, a. lease or a license ?
A
a lease
4
Q
A