Licence – Property in Singapore for rent
Unlike tenancy, a licence is a temporary permission, not a right to use land (or premises) granted by the owner. A licencee does not have interest or enjoy possession of land. Property in Singapore for rent.
A licence is said to be created under the following examples:
- When an owner invites his friends to his home
- When you stay in a hotel or watch movie in a cinema for a fee
- When a tenancy has expired and the landlord allows the tenant to stay on
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