Licenses and Profits Flashcards
1
Q
THE LICENSE
A
- License is a mere privilege to enter another’s land for some set out purpose.
- Unlike easements, license is not an interest in land; it’s a privilege, revocable at will of licensor.
- License is personal to licensee & is inalienable.
- Any attempt to transfer license results in revocation
2
Q
License: Creation
A
Writing not needed
3
Q
TIP
A
A failed attempt to create easement results in a
license. If grantor orally grants easement
for more than one year, it is unenforceable
b/c it is not in writing. Grantee does not have a valid easement but does have a license.
4
Q
Licenses: Revocation
A
- Licenses are freely revocable, at will of licensor, unless estoppel applies to bar revocation.
5
Q
Licenses: Revocation - Estoppel
A
- Applies only when licensee has invested substantial money/labor/both in reasonable reliance on license’s continuation.
- License becomes easement by estoppel, which lasts until holder receives sufficient benefit to reimburse him for his costs.
6
Q
Licenses: Revocation - License Coupled with an Interest
A
- License coupled w an interest is irrevocable as long as interest lasts.
Ex. buyer of a chattel may enter seller’s land to remove chattel, or a future interest holder may enter & inspect land for waste.
7
Q
THE PROFIT
A
- Profit entitles holder to enter servient land & take from it some resources
- All rules governing creation, alienation, and termination of easements are applicable to profits.
- A profit may be terminated by surcharge (misuse that overly burdens servient estate).