License v. Lease: When to Use a License Rather Than a Lease

License v. Lease: When to Use a License Rather Than a Lease



CRE owners should be aware of situations in which a license agreement may prove to be more beneficial than a leasehold interest. The key factors that distinguish a license from a lease are the ability to revoke the licensees’ use at will, and the degree of control that the property owner maintains over the licensed premises.

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