Property Ownership
In Oregon, a 'licensee' interest in land differs from an 'easement' primarily because:
AA license is permanent; an easement is temporary
BA license is a personal, revocable permission; an easement is a property right✓ Correct
CA license is always written; an easement is verbal
DA license runs with the land; an easement does not
Explanation
A license is a personal, revocable permission to use another's land (e.g.
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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).
Promissory NoteA written promise to repay a loan under specified terms — the borrower's personal financial obligation in a real estate transaction.
EncumbranceAny claim, lien, charge, or liability attached to real property that affects its value or limits its use.
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