Daytonville
Junior Member
What is the name of your state (only U.S. law)? New York
Hypothetical 1: Before receiving a notice of termination, If grantee makes long term license where performance occurs after the date of actual termination, does the income stay with grantee or revert to recapturing owner?
Hypothetical 2: Same facts as above, except where long term license is made after notice of termination but prior to actual termination?
Hypothetical 1: Before receiving a notice of termination, If grantee makes long term license where performance occurs after the date of actual termination, does the income stay with grantee or revert to recapturing owner?
Hypothetical 2: Same facts as above, except where long term license is made after notice of termination but prior to actual termination?