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Lease or Licence
AWOL_2
Posts: 210 Forumite
I understand that it is possible to rent a property under a Licence instead of a Lease.
I know its a slighlty different area, however i believe it has something todo with non-exclusive use of a property. Am i right?
Any legal boffs out there?
As i understand it, as a landlord if you give a licence for some one to live in your property, then there are less tax implications? Again i am not sure.
I also belive as it is a licence for someone to stay in your property or use your property, then the tenants dont have protections of certain legislation.
Anyone able to fill in the blanks or clarify a few things?
I know its a slighlty different area, however i believe it has something todo with non-exclusive use of a property. Am i right?
Any legal boffs out there?
As i understand it, as a landlord if you give a licence for some one to live in your property, then there are less tax implications? Again i am not sure.
I also belive as it is a licence for someone to stay in your property or use your property, then the tenants dont have protections of certain legislation.
Anyone able to fill in the blanks or clarify a few things?
0
Comments
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Using a license was an old method of getting a better deal for the landlord and a worse deal for the tenant, especially shared houses, many years back. It is no longer valid except in special circumstances usually business related. Any landlord trying it with private tenants these days doesn't know what they are doing and it will not stand up in court. Almost any private tenant landlord agreement is an AST these days, and if it's not in writing, should it come to it, the court will imply the terms and conditions as if it were an AST.A house isn't a home without a cat.
Those are my principles. If you don't like them, I have others.
I have writer's block - I can't begin to tell you about it.
You told me again you preferred handsome men but for me you would make an exception.
It's a recession when your neighbour loses his job; it's a depression when you lose yours.0 -
so can you give someone a licence to use your garage in your house to store things.
This would i guess be on a commercial basis would it not?
You wouldnt want to give them a lease to use it would you.
period of time would be over seven years.
What is the difference between licence and lease, when would you want to use one rather than the other so to speak?0 -
Well it's not a tenancy agreement as no one is residing there.AWOL wrote:so can you give someone a licence to use your garage in your house to store things.
This would i guess be on a commercial basis would it not?
I don't know, but I'm sure you can have a lease for less than 7 years. I think, given that this isn't a tenancy, you can more or less write what you want in a contract and call it a license or a lease. I think you may need specialist advice on this.AWOL wrote:You wouldnt want to give them a lease to use it would you.
period of time would be over seven years.
What is the difference between licence and lease, when would you want to use one rather than the other so to speak?A house isn't a home without a cat.
Those are my principles. If you don't like them, I have others.
I have writer's block - I can't begin to tell you about it.
You told me again you preferred handsome men but for me you would make an exception.
It's a recession when your neighbour loses his job; it's a depression when you lose yours.0
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