Which of the Following Statements Is True of an Easement

question 12

Multiple Choice

Which of the following statements is true of an easement?

• A) A negative easement is otherwise known as easement by necessity in many states.
• B) An easement can also be reserved in a deed.
• C) An easement usually excludes any such uses of land as the laying of water pipes or the stringing of power wires across land.
• D) A titleholder can prevent a person from continuing to use the land in instances where an easement by prescription arises.
• E) An easement works exclusively without the rights of passage across the land.

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Definitions:

Outstanding Checks

Checks that have been issued and recorded in the issuing party's records but have not yet been cashed or cleared by the bank.

Deposits in Transit

Deposits in transit are amounts that have been received and recorded by a business but have not yet been reflected in the bank's records.

Bank Reconciliation

The act of reconciling the cash account balances recorded in an organization's bookkeeping with the related data found on a bank statement.

Deposits in Transit

Funds that have been received and recorded by a business but not yet processed by the bank.