29 May 2012
What is the difference between license agreement and leave & license agreement? Can there be a sub sub license agreement, if the licensor agrees?
02 June 2012
License-Where one person grants to another, or to a definite number of other persons, a right to do, or continue to do, in or upon the immovable property of the grantor, something which would, in the absence of such right, be unlawful, and such right does not amount to an easement or an interest in the property, the right is called a license.
Lease- A lease of immoveable property is a transfer of a right to enjoy such property, made for a certain time, express or implied, or in perpetuity, in consideration of a price paid or promised, or of money, a share of crops, service or any other thing of value, to be rendered periodically or on specified occasions to the transferor by the transferee, who accepts the transfer on such terms.
You have explained to me the difference between license and lease agreement, but I wanted to know the difference between license and leave & license agreement.
CAclubindia
