MakeHuman™ source (all files that include code) and data (3d models and 3d morphings) are relased under AGPL. For the output of MakeHuman output please read the mesh_license.
MakeHuman™ is an Open Source application that you can use and redistribute in original or modified form under the terms of the AGPL as published by the Free Software Foundation. Copyright© 2001-2012 is retained by the MakeHuman™ Team (makehuman.org) who grant you permissions to use released code under the conditions and terms of the GNU Affero General Public License 3.0 or (at your option) any later version of the GNU AGPL. This program is distributed in the hope that it will be useful, but WITHOUT ANY WARRANTY; without even the implied warranty of MERCHANTABILITY or FITNESS FOR A PARTICULAR PURPOSE. See the GNU Affero General Public License for more details.