Licenses and Profits Flashcards
1
Q
Defintion of license
A
The license is a mere privilege to enter another’s land for some delineated purpose.
2
Q
Difference between licenses and easements
A
- Easements are grants of a property interest that is not easily terminated
- Licenses are far flimsier and are mere priveleges.
- e.g. newspaper boy
3
Q
How licenses are created
A
- Oral agreements are sufficient to create licenses.
- Not subject to SoF, so no writing needed
4
Q
Revocation of licenses
A
- Licenses are freely revocable, at the will of the licensor, unless estoppel applies to bar revocation.
- But, if the licensee and licensor had a contract for the license, licensor still liable for any breach. e.g. Show ticket sale where someone isn’t permitted to enter
5
Q
Effect of two people orally agreeing to an “easement”
A
License is instead created. Freely revocable
6
Q
When estoppel applies to license revocation
A
- Estoppel will bar revocation when the licensee has invested substantial money and/or labor in reasonable reliance on the license’s continuation.
- Estoppel is not indefinate. Cts will extend to a reasonably necessary time for the licensee to benefit from her investment.
7
Q
VA law on license estoppel
A
- When estoppel bars license revocation, VA calls it an “equitable easement”. Other places call this an “irrevocable license”
- In VA, a license is called an “oral easement”.
8
Q
Profit Definiton
A
- The profit entitles holder to enter the servient tenement and take soil or some other esource, such as minerals, timber, oil, fish or wildlife.
- e.g. A has a profit to go to the excavation site and take dirt samples
9
Q
Rules for creating and terminating profits
A
Same rules as easements