> How is this different in any way from a lifetime lease agreement?
It’s different from a lifetime lease in that there is nothing to revert. The subject of the lease is not an enduring, rivalrous “thing” (tangible or intangible) which is returned to the owner, it is a use permission which is extinguished.
It’s different from a lifetime lease in that there is nothing to revert. The subject of the lease is not an enduring, rivalrous “thing” (tangible or intangible) which is returned to the owner, it is a use permission which is extinguished.