Correct. They are declaring a license to do what they want with it. Sort of like you owning a car and me declaring a license to drive it if, say, you park in my

Correct. They are declaring a license to do what they want with it. Sort of like you owning a car and me declaring a license to drive it if, say, you park in my driveway, which might be a fair trade. In that case, you are better off renting a monthly parking spot.