If You Gave an Easement to the Nature Conservancy Promising

question 336

True/False

If you gave an easement to the Nature Conservancy promising not to build on your property,but to protect it,that would be called a positive easement.

---

Definitions:

Mortgage

A legal agreement in which property is used as collateral for the repayment of a loan.

Right of Contribution

The right that allows a party who has paid more than their share of a joint obligation to recover the excess paid from other parties responsible for the obligation.

Cosureties

Parties who jointly agree to share the responsibility for someone else's obligation, typically in a surety bond or loan guarantee.

Surety

A person or entity that takes responsibility for another's performance of an undertaking, such as fulfilling a contract or making a payment.