Difference between Lease & Licence [Case Laws] 1

Difference between Lease & Licence [Case Laws]

  It is important to note that there is no acid-test for diffentiate lease from licence. But, intention of the parties to transaction and the nature of possession (i.e., whether exclusive or not) is a determining factor. Where the transferee is entitled to have exclusive possession, it is lease. But, permission to use land without…
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June 26, 2018 2