Appurtenant Easements Are Transferable

question 13

True/False

Appurtenant easements are transferable.

---

Definitions:

Common Share

A type of equity ownership in a corporation, entitling holders to vote on corporate matters and receive dividends.

Price-Earnings Ratio

A valuation metric for a company, calculated by dividing its current share price by its per-share earnings.

Net Income

The total profit of a business after all expenses, including taxes and operating costs, are subtracted from total revenues.

Weighted-Average Common Shares

The weighted-average common shares are calculated to represent the number of shares outstanding over a period, adjusted for changes such as stock splits.