Albuquerque New Mexico License Agreement Allowing the Operation of Washing, Drying, and Laundry Equipment on Real Property of Another

State:
Multi-State
City:
Albuquerque
Control #:
US-01001BG
Format:
Word; 
Rich Text
Instant download

Description

A license gives the permission of the owner to an individual or an entity to use real property for a specific purpose. A license is not an interest in land, but is a privilege to do something on the land of another person. Generally, a license in respect of real property (since it is a mere personal privilege), cannot be assigned or transferred by the licensee. A license does not pass with the title to the property, but is only binding between the parties, expiring upon the death of either party. This form is an example of such.

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Albuquerque New Mexico License Agreement Allowing the Operation of Washing, Drying, and Laundry Equipment on Real Property of Another