Attorneys representing property owners are often requested to document arrangements for very short-term and temporary usage of property. “I
don't want a lease; just a license agreement will be fine,” is the frequent form of the request.
Leases or Licenses ' Does a Label Matter?
Attorneys representing property owners are often requested to document arrangements for very short-term and temporary usage of property. "I don't want a lease; just a license agreement will be fine," is the frequent form of the request. Assuming that the client's request is not merely an attempt to keep the legal fees down, is such a request one that makes sense from an owner's point of view? More important, can a careful attorney respond positively?
By
Lawrence A. KobrinThis premium content is locked for New York Real Estate Law Reporter subscribers only
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