executed parol license

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executed parol license

property law

Also known as: servitude created by estoppel

Learn about this topic in these articles:

types of licenses

In license
…may be called an “executed parol license,” though it is more accurately called a servitude created by estoppel, a term that better describes both the process used to create the right and the resulting right itself. An executed parol license creates a right that runs with the land indefinitely,…
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