An Easement or Profit Is ________ When It Runs with the Land

question 10

Multiple Choice

An easement or profit is ________ when it runs with the land adjacent to the property on which it exists.

• A) Express
• B) Adjoining
• C) In gross
• D) Appurtenant
• E) Prevailing

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Definitions:

CAPM

Stands for the Capital Asset Pricing Model, a model that describes the relationship between the expected return of an asset and its risk.

Liquidity

The ease with which an asset can be converted into cash without significantly affecting its price.

Trading Costs

Expenses associated with the buying and selling of securities, including commissions, spreads, and slippage.

Market Depth

The ability of a market to sustain relatively large market orders without impacting the price of the security.