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Bhagiratha Has the Fee Simple in a Piece of Land

question 49

Multiple Choice

Bhagiratha has the fee simple in a piece of land called Blackacre.She is about to create two new interests in that property.Gallahad will receive a life estate.Adeline will receive the remainder.Which of the following statements is TRUE?


Definitions:

Minimizes Cost

The process or approach aimed at reducing expenses and spending to the lowest possible level.

Central Hub

Central hub refers to a focal point or a core center where activities, processes, or networks converge, often used to optimize distribution or communication.

Travel Time

The duration required to move goods or personnel from one location to another.

Destinations

Locations or places toward which something or someone is going.

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