Alexis sells half of her Triple A Ranch land to the Bar B Ranch. On the land is a reservoir. In the deed, Alexis retains the right to remove a limited amount of water per day from the reservoir. This right is
A) a fee simple absolute.
B) a license.
C) an easement.
D) a profit.
Correct Answer:
Verified
Q44: Grace has a fixed-term tenancy for her
Q45: Grant wants to transfer the ownership of
Q46: Molly owns two houses. She allows her
Q47: Mia has a periodic tenancy that requires
Q48: Car Wash Company has a right to
Q50: Rod possesses five hundred acres of forested
Q51: Landscaping Company has the right to enter
Q52: Vera sells her alluvial acres to Walt.
Q53: Maggie uses John's garage to store her
Q54: Kelly leases an office from Land &
Unlock this Answer For Free Now!
View this answer and more for free by performing one of the following actions
Scan the QR code to install the App and get 2 free unlocks
Unlock quizzes for free by uploading documents