Asked by
Jaime Karagosian
on Nov 21, 2024
Verified
A license is the temporary and irrevocable right to use another's property.
Irrevocable Right
An irrevocable right refers to a legal entitlement or permission that cannot be withdrawn, cancelled, or revoked by the grantor once granted.
License
A revocable right to temporarily use another’s property.
Property
Assets or possessions, either tangible or intangible, owned by individuals or entities.
- Grasp the legal distinctions between easements, licenses, and restrictive covenants and their effects on property rights and usage.
Verified Answer
AA
Learning Objectives
- Grasp the legal distinctions between easements, licenses, and restrictive covenants and their effects on property rights and usage.