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š Understanding Property Rights: Navigating the Complex World of Leases and Licenses
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We explore the critical legal distinctions between leases and licenses, explaining how these differences affect property rights, revocability, and third-party enforcement. This foundational knowledge is essential for understanding landlord-tenant relationships and property occupation rights.
ā¢ Licenses defined as mere permission to do something on another's land without creating an interest in land
ā¢ Bare licenses require no consideration and can be revoked with reasonable notice
ā¢ Contractual licenses involve payment but historically could be revoked at will (Wood v. Leadbitter)
ā¢ Third-party enforcement of licenses remains limited despite Lord Denning's attempt in Errington v. Errington
ā¢ Proprietary estoppel may create enforceable rights when substantial reliance exists (Cobb v. Yeoman's Row)
ā¢ Leases (also called demises) create actual property interests unlike licenses
ā¢ Key lease terminology includes lessor/lessee, reversion, assignment and subletting
In a later full-length lecture, we'll consider leasehold covenants in greater depth.
š”āļø Letās learn the law togetherāone session at a time!
Chapters
1. Understanding Property Rights: Navigating the Complex World of Leases and Licenses (00:00:00)
2. Introduction to Leases and Licenses (00:00:33)
3. Defining Licenses: Permission Without Property (00:01:15)
4. Contractual Licenses and Legal Implications (00:03:38)
5. Licenses with Property Rights (00:09:11)
6. Lease Terminology and Key Concepts (00:11:26)
104 episodes
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