Question:
One of the major differences between lease and license is that lease is ____ while license is ____
One of the major differences between lease and license is that lease is ____ while license is ____
Show Hint
Understanding the distinction between lease and license is crucial in property law, especially regarding assignability and transferability.
Updated On: Apr 16, 2025
- Heritable; not heritable
- Not heritable; heritable
- Not assignable; assignable
- Revocable; non-revocable
Show Solution
Verified By Collegedunia
The Correct Option is A
Solution and Explanation
A lease is a heritable interest, meaning it can be passed down or transferred to heirs. In contrast, a license is a personal right to use property and is not heritable or transferable.
Was this answer helpful?
0
0
Top AP LAWCET Legal Studies Questions
- Lok Adalats have been created under ____.
- Equality of Opportunity in matters of Public Employment is discussed in ____.
- How many times the President of India can seek re-election to his post?
- Which of the given Schedule of the Indian Constitution is included the "Gram Panchayats"?
- Which one of the following dealt with the subject of Local Self Government?
View More Questions
Top AP LAWCET Property Law Questions
Top AP LAWCET Questions
- ____ is the chairperson of Securities and Exchange Board of India, as of April 2024.
- ____ is the current chief minister of Tamil Nadu.
- ____ is the current Governor of Odisha.
- ____ is the current president of National Company Law Tribunal.
- Which entity developed and constructed India’s first hydrogen fuel cell ferry?
View More Questions