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in todays video were going to move on in our discussion about licenses to really delve into our understanding about the differences between leases and licenses and this will involve a main discussion about street and Mountford so lets get started one reason why the distinction is so important and one reason why its so important to distinguish between leases and license is due to occupation rise if it is a lease it can be transferred down if it is a license it cannot and the problem is occupation licenses are often quite hard to distinguish from leases and so were going to try and look in this video about how we can determine what is a license and what is a lease okay so where the alleged license gives the occupation rights it may be crucial to do to decide if in fact the interest granted by a is better regarded as a lease the lease term of years is an interest in land it is one of those two interests which are legal estates and therefore capable of stuff substantive registration
