Property Ownership

Vermont's 'license' as a real property interest (distinct from a real estate license) is:

AA permanent right to use another's land
BA personal, revocable permission to use another's property for a specific purpose✓ Correct
CAn easement that runs with the land
DA leasehold interest

Explanation

A license (in property law) is a personal, revocable permission to use another's property for a specific purpose. Unlike an easement, it does not run with the land and may be revoked by the property owner at any time.

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