Licensing

Licensing is a great way of allowing other entities deal with assets you own without having to transfer ownership of that asset. Licenses are mostly used for intellectual property and allow the licensee to use the asset subject to the terms set out in the license. Mott and Associates have experience drafting all types of intellectual property and general commercial licenses.

FAQ

What is a license?

What is a license?

A license is generally a non-exclusive right to use the property of another or conduct a certain activity.

How long does a license last for?

How long does a license last for?

It depends on the terms of the licence.

What is the difference between a license and a lease?

What is the difference between a license and a lease?

Generally, a lease allows you to have the exclusive use of the property of another (such as a premise) where as a license generally allows you to use the property of another entity but that use may not be exclusive.

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