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
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2
Q

License: Creation

A

Writing not needed

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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.

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4
Q

Licenses: Revocation

A
  • Licenses are freely revocable, at will of licensor, unless estoppel applies to bar revocation.
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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.
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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.
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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).
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