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Exhibit 2-1
-Refer to the exhibit.Suppose Hans does one fewer loads of laundry.How many pages can he type in the time saved on laundry?
Interest
Money paid at a particular rate for the use of borrowed money, or the right or share someone has in a given asset or wealth.
Fee Simple
The most complete ownership interest one can have in real property, with the absolute right to use it, dispose of it, and inherit it, subject only to government restrictions.
Joint Tenants
A form of co-ownership where two or more persons hold equal shares of a property, with a right of survivorship if one owner dies.
Life Estate
An interest in land ending at death of the estate holder.
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