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An implied license is an unwritten license which permits a party (the licensee) to do something that would normally require the express permission of another party (the licensor). Implied licenses may arise by operation of law from actions by the licensor which lead the licensee to believe that it has the necessary permission.
A metal plaque on the sidewalk of New York City to declare that the crossing onto the private property is a revocable license to protect it from becoming an easement by prescription [13] Easements by prescription , also called prescriptive easements , are implied easements granted after the dominant estate has used the property in a hostile ...
Revocable living trusts were often touted and marketed as valuable solely because of their ability to "avoid probate" and the costs and complications that surrounded it. Although probate avoidance is certainly a consideration in the use of a "living trust", there are many other estate planning techniques which also "avoid" probate.
A revocable beneficiary is someone whose rights to your life insurance benefits can be revoked or changed while you’re still alive, should you choose to do so. You can remove them from your ...
Only after Trump's hush-money sentencing can NJ officials move to revoke his liquor licenses. A revocation hearing is still pending, officials said.
4. RIGHT TO USE. During the term of this Agreement, we grant you a personal, limited, non-exclusive, revocable, non-sublicensable and non-transferable right to install and use one copy of the Application on one computing device for personal and internal business purposes. Each device would require a separate license from us. 5. RESTRICTIONS.
The simplest definition is "A license is a promise not to sue", because a license usually either permits the licensed party to engage in an illegal activity, and subject to prosecution, without the license (e.g. fishing, driving an automobile, or operating a broadcast radio or television station), or it permits the licensed party to do ...
Such trusts must be irrevocable (a revocable trust will not provide asset protection because and to the extent of the settlor's power to revoke). Most of them contain a spendthrift clause preventing a trust beneficiary from alienating his or her expected interest in favor of a creditor. The spendthrift clause has three general exceptions to the ...