Which of the Following Phrases Explains the Term Lease

question 52

Multiple Choice

Which of the following phrases explains the term lease?

• A) an interest in real property given to a lender as security for the repayment of a loan
• B) an interest in real property for a person's lifetime
• C) the transfer of the right to use real property for a specified period of time
• D) a right to use someone else's land without owning or hiring it

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Definitions:

Nasopharynx

The upper section of the throat behind the nose, which connects the nasal cavity to the oropharynx and plays a role in breathing and speech.

Palatine

A pair of bones that form the posterior part of the hard palate and contribute to the structure of the nasal cavity and the oral cavity.

Lingual

Pertaining to or related to the tongue in anatomy or linguistics.

Mucous Membranes

The moist, epithelial linings of various organs and cavities of the body that secrete mucus, providing protection and lubrication.