One of the major differences between lease and license is that lease is ____ while License is ____
Question and options
One of the major differences between lease and license is that lease is ____ while License is ____
- heritable, not heritable
- not heritable, heritable
- not assignable, assignable
- revocable, non revocable
Answer and explanation
Correct answer: A - heritable, not heritable
A lease under Section 105 of the Transfer of Property Act, 1882 transfers an interest in immovable property, so it is heritable and transferable. A licence under Section 52 of the Indian Easements Act, 1882 is only a personal permission that creates no interest in the property, and Section 56 bars its transfer by the licensee, so it is neither heritable nor assignable. The reverse pairings fail, and it is the licence, not the lease, that is generally revocable.
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CUSAT CAT LLM
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