Q2.How
does the court characterize the difference between a lease and a
license?(Choose the
best answer)
A
license is a transfer of possession; whereas a lease merely gives one
party the right to use property subject to the management and control
of the other party.
.
A
lease is covered by the statute requiring payment of interest on
security deposits, whereas a license is not.
A
lease is a transfer of possession; whereas a license merely entitles
one party to use property subject to the management and control of the
other party.