License vs Lease: Deciphering the Key Differences

License vs Lease: Deciphering the Key Differences

Have you ever felt lost in the legal jargon of agreements? You’re not alone. Many people confuse licenses and leases, but they are not the same. These agreements have distinct implications for rights, responsibilities, and even taxes. This guide breaks down the key differences between license vs lease, saving you time and potential headaches. We’ll…