Examlex
Which of the following is true?
Sever
To cut off or divide, often used in legal contexts to discuss separating parts of contracts or severing ties between entities.
Estate in Land
Refers to the degree, quantity, nature, and extent of interest a person has in real property.
Fee Simple
The most complete form of ownership of real estate, giving the holder full possession and control over the property.
Leasehold
An estate or interest in property held under a lease, granting the holder the right to use and occupy the property for a specified period under certain conditions.
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