A license only gives one a personal privilege to do something on the land of another. A license is not an interest in land, but is a privilege to do something on the land of another person. Upon the sale of the property, subject to the license, the license terminates unless a new license is executed. This form is an example of such an agreement.
Ohio General Form of License Agreement Regarding Right to use Real Property
State:
Multi-State
Control #:
US-00998BG
Format:
Word;
Rich Text
Instant download
Description
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How to fill out General Form Of License Agreement Regarding Right To Use Real Property?
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FAQ
Real property is land and other assets that are permanently attached to the land. These other assets must be permanently placed on or under the land. Examples of real property are buildings, canals, crops, fences, land, landscaping, machinery, minerals, ponds, railroad tracks, and roads.
An agreement between a tenant and either an individual or a company to license the use of a part of the tenant's leased premises for a fee. This Standard Document provides a license agreement to share office space for a short term by paying a monthly fee.
Real property (land law): an overview Generally, the term real property refers to land. Land, in its general usage, includes not only the face of the earth but everything of a permanent nature over or under it. This includes structures and minerals. There are further divisions within the real property classification.
Dishonest or illegal dealing, gross negligence, incompetence, or misconduct, including a conviction of a felony or a crime involving moral turpitude. of two months or revoke the license of the broker or salesperson. For any subsequent offense, the Commission shall revoke the license of the broker or salesperson.
(A) "Real property," "realty," and "land" include land itself, whether laid out in town lots or otherwise, all growing crops, including deciduous and evergreen trees, plants, and shrubs, with all things contained therein, and, unless otherwise specified in this section or section 5701.03 of the Revised Code, all ...
The law makes a clear distinction between real property and personal property. Real property is immovable. It includes the land, everything that is permanently attached to it, and the rights that "run with" the land. Personal property, on the other hand, is movable.
A licensing agreement is a legal contract between two parties, known as the licensor and the licensee. In a typical licensing agreement, the licensor grants the licensee the right to produce and sell goods, apply a brand name or trademark, or use patented technology owned by the licensor.
What are examples of real property? Real property may include land, homes, detached garages, patios, swimming pools, or other permanent structures. Crops and other natural resources that are attached to a piece of land are also considered real property.