Deal of The Day! Hurry Up, Grab the Special Discount - Save 25% - Ends In 00:00:00 Coupon code: SAVE25
Welcome to Pass4Success

- Free Preparation Discussions

Real Estate Licensing New Jersey Real Estate Salesperson Exam - Topic 3 Question 20 Discussion

What is the difference between a license to use property and an easement?
A) A license can be cancelled by the issuer.
B) An easement can be cancelled by the issuer.
C) There must be consideration paid for a license.
D) There must be consideration paid for an easement.

Real Estate Licensing New Jersey Real Estate Salesperson Exam - Topic 3 Question 20 Discussion

Actual exam question for Real Estate Licensing's New Jersey Real Estate Salesperson exam
Question #: 20
Topic #: 3
[All New Jersey Real Estate Salesperson Questions]

What is the difference between a license to use property and an easement?

Show Suggested Answer Hide Answer
Suggested Answer: A

A license is a personal, revocable privilege to use another's land for a specific purpose (e.g., permission to fish in a pond). It can be canceled by the issuer at any time and does not run with the land.

An easement is a legal interest in another's land for a specific purpose (e.g., utility easement). It is not revocable by the grantor once legally granted.

Consideration is not required for a license or an easement (though it may be part of a contractual easement).

Thus, the main difference is that a license is revocable by the issuer, but an easement is not.


Contribute your Thoughts:

0/2000 characters
Kasandra
4 days ago
I practiced a question like this, and I think option A is correct because licenses are usually revocable.
upvoted 0 times
...
Ronny
9 days ago
I remember something about consideration being necessary for easements, but I can't recall if it's the same for licenses.
upvoted 0 times
...
Bong
15 days ago
I think a license can be revoked, but I'm not entirely sure if easements can be cancelled too.
upvoted 0 times
...

Save Cancel