What is the difference between a lease and a license?

A lease and a license are two different legal arrangements used for property ownership and occupancy in California. A lease is a written agreement that allows someone to rent or use property for a specific length of time, often accompanied by a payment of money or other consideration. When the lease is signed and executed, the lessee has a right to exclusive possession of the property, meaning they have the right to exclude anyone else from the property. A license, on the other hand, is a permission or privilege that someone is granted to do something that would otherwise be illegal, such as enter another person’s property or use their property or services. A licensor grants a licensee the right to use their property or services, but the licensee does not have exclusive possession of the property, as they do with a lease. The licensor still owns and controls the property, and the licensee does not have the right to assign the license to someone else. Additionally, a license is created for a very specific purpose and lasts for a shorter period of time than a lease.

Related FAQs

What is a deed of surrender?
What is a deed of trust?
What is a lease?
What is a deed of confirmation?
What is a covenant of seisin?
What is an exercise of option?
What happens if the mortgage is not paid?
What is an implied covenant?
What is an accession?
What is a deed of quitclaim?

Related Blog Posts

What You Need to Know About Property Law - July 31, 2023
Property Law: What to Look Out For When Purchasing Real Estate - August 7, 2023
Understanding the Basics: A Guide to Property Law - August 14, 2023
Common Types of Property Law Cases - August 21, 2023
The Impact of Property Law on Real Estate Transactions - August 28, 2023