How May an Easement Be Created

question 31

Multiple Choice

How may an easement be created?

• A) By prescription.
• B) By reservation.
• C) By necessity.
• D) It may be created in all of the above ways.

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Definitions:

Rent

The payment made by a tenant to use property owned by someone else for a predefined period.

Hourly Rate

A set amount that an employee is paid for each hour of work.

Estimate

A rough calculation or educated guess of a figure based on available information.

Amortization Table

A listing of the unpaid principal, the monthly payment, the amount allocated to paying down the principal, and the amount allocated to interest.