A Prescriptive Easement, Once Created, Only Lasts 20 Years

question 7

True/False

A prescriptive easement, once created, only lasts 20 years.

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Definitions:

Authorizes

To grant permission or power to an individual or organization to take specific actions within defined parameters.

Note

A written promise to pay a specific sum of money to a specific person or bearer on demand or at a specified future time.

National Bank

A financial institution chartered and regulated by the federal government, usually involved in commercial banking services.

Drawee's Liability

The responsibility of the drawee (typically a bank) to pay the amount specified on a draft or check when properly presented for payment.