September 2008
Leases or Licenses Does a Label Matter?By Lawrence A. Kobrin
Attorneys representing property owners are often requested to document arrangements for very short-term and temporary usage of property. "I dont want a lease; just a license agreement will be fine," is the frequent form of the request. Assuming that the clients request is not merely an attempt to keep the legal fees down, is such a request one that makes sense from an owners point of view? More important, can a careful attorney respond positively?
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