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Which of the Following Statements Is TRUE

Question 5

Multiple Choice

Which of the following statements is TRUE?


A) As a general rule, a person who holds a life estate has no obligation to spend money to keep the property in good condition.
B) True property rights can only be acquired through contract.
C) A fixed- term tenancy can be terminated only through a notice to quit.
D) The common law refuses to recognize non- possessory interests in land.
E) Land cannot be expropriated if it is subject to a fee simple.

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