Licenses and Profits Flashcards

1
Q

License - Basics

A
  • mere privilege to enter another’s land for some delineated purpose
  • unlike easement, license NOT an interest in land
  • can be revoked by licensor whenever they want
  • personal to the licensee
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2
Q

License - Transferability

A
  • INALIENABLE (since personal)
  • any attempt to transfer license results in revocation by operation of law
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3
Q

License - Creation

A
  • writing not needed
  • failed attempt to create easement generally creates a license
    -> ex: grantor orally grants easement for more than one yr, NOT an easement b/c not in writing, but would count as a license
    -> be aware of neighbors talking near fence - creation of oral “easement” -> LICENSE
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4
Q

License - Revocation

A
  • freely revocable at will of licensor UNLESS estoppel applies
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5
Q

License - Estoppel

A
  • bars revocation only when licensee has invested substantial money or labor or both in reasonable reliance on licensee’s continuation
  • license becomes easement by estoppel -> lasts until holder receives sufficient benefit to reimburse him for expenditures
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6
Q

License Coupled with an Interest

A
  • license coupled w/ an interest is irrevocable as long as the interest lasts
  • ex of future interest landowner who enters to inspect land for waste
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7
Q

Profit - Definition

A
  • entitles holder to enter servient land + take from it some resources (ex: minerals, timber, oil) or some product of the property (ex: fish, game)
  • all rules governing creation, alienation, + termination of easements apply to profits
  • profit may be extinguished through surcharge (misuse that overly burdens the servient estate)
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