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Licenses

LandlordZONE for Rental Property Knowledge
Tues 02 May 2006
 
 
 
 
 
 
 
     

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Licenses
 
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A tenancy gives the tenant a legal interest in the land and property - in effect, legal ownership for the period of the tenancy. Tenancies can take several forms:

  • Rent Act or Regulated Tenancies - pre 

  • Assured Tenancies

  • Assured Shorthold Tenancies (default)

A license is different - it gives the "tenant" permission to occupy only. The tenant therefore gains no interest in the property or land, merely a consent from the landlord to occupy for a period of time.

The grant of a license does not create an estate in land and the licensee does not gain an interest in the property, purely permission to occupy it. 

Stays in Hotels, Hostels, Lodgings (letting a room in your own home) holiday lettings, employees of a business living on the premises, and some HMOs are on license agreements.  

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Last up-dated: 2nd May 2006
 

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