What is the difference between a lease and a license 2024?
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Studied at the University of Tokyo, Lives in Tokyo, Japan.
a) Under license agreements, the legal ownership and the possession of the property remain with the licensor. Under a lease agreement, the tenant generally has exclusive possession with respect to the property. In other words, a license does not create any interest in the premises in favor of the licensee.
2023-05-13 02:19:31
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Ava Gonzales
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a) Under license agreements, the legal ownership and the possession of the property remain with the licensor. Under a lease agreement, the tenant generally has exclusive possession with respect to the property. In other words, a license does not create any interest in the premises in favor of the licensee.
