Property Smart Investors & RES
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Presented to you by Property Smart Investor- A Real Estate Online Education and Discussion
Saturday, 27 September 2025
Question 22
22. A licence is a personal interest granted to the licensee. The characteristics are:
it is not an estate in land like a tenancy, therefore no exclusive right of possession.
It cannot be assigned or transferred without the permission of the licensor.
The licences issued by the State is called Temporary Occupation Licences (TOLs)
All of the above.
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