18:51
medicine is a scam
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LSDefine
Simple English definitions for legal terms
license coupled with the grant of an interest
Read a random definition: annum luctus
A quick definition of license coupled with the grant of an interest:
A license is permission to do something that would otherwise be illegal or against the rules. For example, a hunting license allows someone to hunt legally. A license can also be a document that shows you have permission. There are different types of licenses, like a bare license which can be taken away at any time, or an exclusive license which gives only one person the right to do something. A license coupled with the grant of an interest is a special type of license that gives someone the right to do something on someone else's property, like hunt deer or cut down a tree, and is considered an interest in the property itself.A more thorough explanation:
A license coupled with the grant of an interest is a type of license that confers the right to perform an act or acts upon a property, rather than just giving permission to do so. This type of license is irrevocable and is considered an interest in the property itself. An injunction may be obtained to prevent the wrongful revocation of such a license.
For example, a license to enter someone's land to hunt and take away the deer killed involves the grant of an interest in the deer and also a license annexed to it to come on the land. The interest must be a recognized interest in the property, and it must have been validly created. This type of license is considered an interest in the land itself.
Another example is a license incidental to the ownership of an interest in a chattel located on the land with respect to which the license exists. This type of license is also considered an interest in the land itself.