An Easement Can Only Be Acquired Through the Use of Land

question 6

True/False

An easement can only be acquired through the use of land and never by way of a grant or transfer from the owner of the land.

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Definitions:

Insurance

A contract represented by a policy, where an individual or entity receives financial protection or reimbursement against losses from an insurance company.

Risk Averse

A description of an individual's or entity's preference to avoid risk, often by choosing options with certain outcomes over those with higher degrees of uncertainty.

Insurance

A form of risk management primarily used to hedge against the risk of a contingent or uncertain loss.

Expected Value

The calculated average of all possible values for a random variable, considering the probabilities of each outcome.