A(n) ____ is "an interest in land which (a) is or may become possessory and (b) is ownership measured in terms of duration."
A) deed
B) property
C) estate
D) holding
E) none of the other choices are correct

Question

Quizplus · Accepted Answer

The definition provided refers to an estate in land, which is a legal term used to describe various types of interests that individuals can have in real property. A deed is a written instrument used to convey an interest in property, but it is not the interest itself. Property refers to the physical land and improvements, but not the type of ownership interest being conveyed. Holding is a vague term that does not necessarily refer to a specific type of ownership interest.

A(n) ____ Is "An Interest in Land Which (A) Is