Property OwnershipIntermediateNorth Carolina Exam

A 'license' (in property law, not real estate licensing) differs from an easement in that a license:

ARuns with the land and is permanent
BIs a personal, revocable permission to use property that does not create an interest in the landCorrect
CMust be recorded to be valid
DIs equivalent to a leasehold interest, which is broadly consistent with standard practice statewide

Why Is a personal, revocable permission to use property that does not create an interest in the land Is Correct

Answer B: Is a personal, revocable permission to use property that does not create an interest in the land

A property license is a personal, revocable permission to use another's land (like parking in a neighbor's lot with their permission) that does not create an interest in the land and is not transferable.

Exam Tip: Property Ownership

Property ownership questions test the bundle of rights and different forms of ownership. Know the differences between joint tenancy, tenancy in common, and community property, including the right of survivorship.

Key Property Ownership Terms in This Question

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