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An easement that is appurtenant usually passes to the new owner of the land.
Settlement Process
The sequence of actions for clearing and settling transactions, including the transfer of securities and cash between parties to finalize trades.
Payoff Profile
A graphical representation showing the potential profit or loss of an investment strategy at various prices of the underlying asset.
Buying a Put
Purchasing a put option, which is a financial contract that gives the buyer the right to sell an asset at a predetermined price within a specified time frame.
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