Q5.Now
assume that a specific parking space is assigned and that the garage
owner retains no right to reassign parking spaces during the term of
the agreement. Is this a
lease or a license? (Choose the
best answer)
This
is a lease because the agreement does give an interest in specific property.
.
This
still somehow seems like a license even though the agreement does give
the
parker an interest in specific property.
This
is a license because the garage owner maintains control over the garage.
The parker is only permitted to park in the space on week days.