What is a license in property law?

Get ready to ace the Metro Brokers Academy Test. Enhance your skills with flashcards and multiple-choice questions, complete with hints and explanations. Prepare thoroughly for your exam!

In property law, a license refers to personal permission granted by a property owner to another party, allowing them to use the owner's land for a specified purpose. This permission does not create an interest in the land; rather, it is a more informal agreement that is generally revocable. A license can be for a variety of purposes, such as allowing a friend to park in your driveway or permitting someone to hunt on your property.

While options related to easements and leases involve more formal and enduring rights associated with property, a license is characterized by its temporary nature and lack of transferability. The other options relate to different legal concepts within property law, such as easements (a right to cross or otherwise use someone else's land) and leases (formal contracts that establish a rental relationship), which are distinct from the personal and non-assignable nature of a license.

Subscribe

Get the latest from Examzify

You can unsubscribe at any time. Read our privacy policy