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Differences between lease and leave and license agreement

A lease creates an interest in the property, unlike a leave and license

agreement.

A lease grants a tenant with exclusive possession, while a leave and license
agreement only grants permission to occupy the property.

Licenses are revocable; leases are not.

Leases are not determined by the grantor, while licenses are.

Leases are transferable while licenses are not.

A lease creates inheritable rights, unlike licenses.