The Land Over Which the Easement Is Granted Is Called

question 61

True/False

The land over which the easement is granted is called the servient estate.

Learn about the challenges of conserving resources in shared environments like oceans.

Recognize the economic rationale behind environmental conservation and management practices.

Identify the role of property rights in resource conservation and environmental management.

Understand the principles of population dynamics and its relationship with economic conditions.

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Definitions:

Implied Trust

An implied trust is created by the law as a presumption based on the intentions or actions of the parties involved, rather than by an explicit agreement.

Express Trust

A trust explicitly created by a settlor, typically in writing, specifying the terms, beneficiaries, and trustees, as opposed to being created by implication or operation of law.

Intestate Succession

The legal process by which property is distributed by law to the heirs of an individual who dies without a valid will.

Joint Tenancy

A form of property ownership where two or more individuals hold equal shares and rights in the property, with a right of survivorship.