Property Ownership

What is a 'license' in property law?

AGovernment permission to operate a real estate business
BA personal, revocable privilege to use another's land for a specific purpose, not an interest in the land✓ Correct
CA deed restriction placed on a property
DAn easement given in exchange for payment

Explanation

A license is a personal privilege to use another's land (e.g., permission to park in a neighbor's driveway). Unlike an easement, it is revocable at will by the property owner, does not run with the land, and is not an interest in real property.

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