Which of the Following Is the Implied Default Title Conveyed

question 78

Multiple Choice

Which of the following is the implied default title conveyed in the sale of real estate?

• A)life estate
• B)servient estate
• C)fee simple absolute
• D)fee simple defeasible

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Definitions:

Domestic Producers

Entities within a country that produce goods and services for the local market.

Import/Export

The practice of bringing goods or services into a country (import) and sending goods or services to another country (export).

Base Pay

The initial rate of compensation given to an employee, excluding additional bonuses, benefits, or overtime.

Performance Contributions

The extent to which individual or group activities help achieve organizational goals or improve outcomes.