Froogle | Glossary

a grant of permission that is [legally] required in order to:

(i) do a particular thing;

(ii) exercise a certain privilege;

(iii) or pursue a particular business/occupation/venture.

Licenses may be granted by either:

(a) private persons/entities; or

(b) government authorities.

In property law, a license is a personal privilege/permission with regards to some use of land. And it is revocable at the will of the landowner. The privilege attaches only to the party holding it (not to the land itself). This is because a license (unlike an easement) does not represent an estate/interest in the land.

EXAMPLE:

Joan gets a license to be a hair stylist. Soon thereafter, she begins working in Zuri’s Hair Salon. If Joan’s license falls out of good standing then Zuri’s hair salon will terminate her employment. Moreover, if Joan departs Zuri’s Hair Salon (for any reason) then Zuri cannot transfer Joan’s license to anyone else (eg a new employee).

compare franchise; lease; monopoly.

user comments

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Froogle 1.1.1.7

LICENSE

EXAMPLE:

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