Title to Land May Be Transferred by Which of the Following

question 9

Multiple Choice

Title to land may be transferred by which of the following?

• A) Deed.
• B) Will or by the law of descent upon the death of the owner.
• C) Open, continuous, and adverse possession by a nonowner for a statutorily prescribed period of years.
• D) All of these.

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Definitions:

Compounded Annually

Interest that is calculated and added to the principal once every year.

Compounded Quarterly

A compound interest calculation where the frequency of compounding is every three months, affecting the overall growth of an investment or debt.

Periodic Interest Rate

The rate of interest earned in one compounding period.

Payment Interval

The length of time between successive payments in an annuity.