QUESTION 1 Jo, Kal, Larry, Marian and Ned are all vets and have been in practice together for many years. They decided to set up their own veterinary practice in a village near Thirsk. They bought a registered freehold house (‘The Paddocks’) in a nearby village where they could all live, keep their own animals, […]
Tag Archives: licence
Relevance of these essential elements?
Relevance of these essential elements? … let’s look more closely at each in turn! Element 1: Exclusive possession (Slide 27) The fundamental characteristic of a lease and key distinguishing feature in the lease/licence divide (which we discuss below). So, what does exclusive possession look like? Exclusive possession = rights of temporary ownership of the land; […]
