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Question Title: Licencees & licences
| Question: 155 |
| What is the difference between a bare and a contractual licence?
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| Answer: |
| A bare licence is one granted without valuable consideration and where there is no intention to create legal relations. It can be revoked at any time. A contractual licence is a formal agreement to occupy premises in return for regular payments. It will give rise to obligations similar to a tenancy. A licence is most likely to arise were there is no exclusive right of occupation.
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References:
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Pages:
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Hyperlinks:
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Letting Handbook |
Chapter 6 |
letting-handbook-and-factsheets.html
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For more information, discuss on the Forum
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