If a Builder Holds an Unsubordinated Leasehold Interest in Land

question 11

Multiple Choice

If a builder holds an unsubordinated leasehold interest in land, it means that a building constructed on the land

• A) would pass to the landowner if the land rent is not paid
• B) would pass to the mortgagee if the land rent is not paid
• C) the builder would only forfeit ownership if the mortgage loan is not paid
• D) would remain in possession of the builder as long as the land rent if paid

---

Definitions:

Clean Air Act

U.S. legislation aimed at reducing and controlling air pollution by setting limits on emissions from both stationary and mobile sources.

Philanthropic Responsibilities

The obligation of individuals or organizations to act for the benefit of society at large, often through charitable activities or donations.

Archie B. Carroll

A scholar known for his work on corporate social responsibility and the pyramid model that outlines the responsibilities of businesses.

Socioeconomic

Relating to or concerned with the interaction of social and economic factors.