A license compliance verification system and method includes a license manager that internally monitors the use of licensed property and gathers data over specified time periods about the usage of the licensed property relative to a plurality of parameters including a parameter that defines the licensors of the licensed property. License compliance verification software interfaces with the license manager and extracts from its data logs licensor specific data that is subsequently forwarded to licensors. The collected data is authenticated to assure licensors that it has not been tampered with.