Property Ownership
A license as a property right (not a real estate license) differs from an easement in that a license:
ARuns with the land
BIs irrevocable once granted
CIs a personal, revocable permission to use land that does not run with the land✓ Correct
DMust be recorded to be valid
Explanation
A license is a personal, revocable privilege to use another's land for a specific purpose; unlike an easement, it does not run with the land and can be revoked at will.
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Key Terms to Know
Easement
A non-possessory right to use another person's land for a specific purpose.
DeedA written legal instrument used to transfer ownership of real property from one party (grantor) to another (grantee).
EncumbranceAny claim, lien, charge, or liability attached to real property that affects its value or limits its use.
LienA financial claim against a property that serves as security for a debt or obligation, giving the creditor the right to foreclose if unpaid.
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