About this document
Lease vs License in Property Law by Ashish Kumar is a document available to read on EtoBox.
The document discusses key concepts around leases, licenses, and gifts under Indian property law. 1) It defines a lease as granting the right to enjoy an immovable property for a specified time period, with a lessor granting the right to a lessee, who pays rent. A license is merely permission to use property. 2) A lease creates an interest in the property, while a license does not. Leases can be transferred but licenses cannot. 3) The document examines several court cases that established tests to dist
- Author
- Ashish Kumar
- Language
- EN