A license grants its holder a(n):

A license in real estate refers specifically to a temporary permission granted to an individual to use another person's property for a particular purpose. When you obtain a license, it does not confer ownership or a permanent interest in the property but rather an exclusive privilege to use it under certain conditions set by the property owner.

This form of authorization allows the licensee to enter and use the property, but it can be revoked by the property owner at any time. This unique characteristic distinguishes licenses from other rights, such as leases or ownership interests, which provide more permanent and secure claims to property.

The other options imply a level of ownership or control that a license does not provide. For instance, licenses do not establish an ownership interest, nor do they grant indefinite possession or the ability to sublease, which are rights typically secured under a lease agreement. Therefore, the concept of a license is focused on the permission aspect, highlighting its nature as a limited and revocable right to use property.