The legal rights that the owner has to possess, use, and enjoy the property are known as ________.
A)future interests
B)estate in land
C)easement rights
D)estoppel by deed

Question

Quizplus · Accepted Answer

The legal rights that the owner has to possess, use, and enjoy the property are known as estate in land. This includes the right to sell, lease, or transfer the property, as well as the right to use the property for any legal purpose. Future interests refer to rights that may be transferred or come into effect at a later time, such as a right of inheritance. Easement rights refer to the right of someone to use another person's property for a specific purpose, such as a right-of-way for a utility company. Estoppel by deed refers to a legal principle that prevents a party from denying something that they have previously stated in a legal document, such as a property deed.

The Legal Rights That the Owner Has to Possess, Use