The Differences Between Leases and Licenses in Commercial Law Cases

Leases and licenses are similar in nature – each gives permission for someone, or a company, to use a property for their own needs. However, there are main differences that need to be looked upon to ensure that there are no surprises as to how they can utilize the space. Similar arrangements can be done, and the terms and conditions of the contract are pivotal to understanding what regime the property was rented – especially if it becomes a litigation case and a judge needs to make a decision based on evidence. On the next following topics, we hope to clarify the main differences between leases and licenses, and what it means to someone using that property. The Main Differences Between Lease and License The issue was first addressed in 1992 when the government of Canada had to clarify the difference between a lease and a license for Commercial Lawyer Calgary use. In Quebec, leases and licenses have to follow a different law code – the civil law principles. In every other provin...