Property Ownership

In NJ, a 'license' in real property law (as opposed to a real estate license) is best described as:

APermission to practice real estate
BA personal, non-transferable, revocable privilege to use another's land for a specific purpose✓ Correct
CA permanent easement
DA government right of way

Explanation

A license in property law is a personal, revocable, non-transferable permission granted to use another's real property. Unlike an easement, a license does not create an interest in the land and can be revoked at will.

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