Commonly, Ownership Interests in Land Are Transferred by Sale

question 15

True/False

Commonly, ownership interests in land are transferred by sale.

---

Definitions:

Affirmed Contract

An affirmed contract is a contract that has been confirmed or validated by the parties involved or by a court, especially after a challenge of its validity.

Labor Day

An annual holiday celebrating the achievements of workers, observed on the first Monday in September in the United States.

Concrete

A construction material made from a mixture of cement, aggregates, water, and possibly additives, known for its high strength and durability.

Lumber

Timber that has been processed into beams and planks, a stage in the preparation for use as building material or other purposes.