Examlex

Solved

Choose from the Terms Listed and Match Them with Their

question 20

Multiple Choice

Choose from the terms listed and match them with their most correct description. You may use the same answer more than once.
-Takes time and practice to develop


Definitions:

Life Estate

An interest in land ending at death of the estate holder.

Co-Owner

An individual or entity that holds ownership rights in property or assets jointly with one or more parties.

Court Order

An official directive issued by a judge that requires a person or entity to do or refrain from doing something.

Restrictive Covenant

In property law, a condition imposed by the seller as to what the purchaser can use the land for; in employment law, a commitment not to work in a certain geographical area for a designated period of time.

Related Questions