Licenses and Profits Flashcards
1
Q
Licenses
A
Mere privlege to enter another’s land for a narrow/deliniated purpose
NOT considered an interest in the land.
Freely revokable.
2
Q
Creation of a License
A
No writing required
freely revocable at will of licensor UNLESS estoppel applies to bar revocation.
3
Q
Classic License Cases
A
Tickets to a game/show
Neighbors talking by the fence
4
Q
Profit
A
Entitles holder to enterservient land AND take some resource (soil or substanec of the soil)
All rules governing easements are applicable to profits. May also be extinguished through surcharge (misuse that overly burdens the servient estate).
