Examlex
A 10% stock dividend will increase the number of shares outstanding, but the book value per share will decrease.
Right-Of-Way Easement
A legal right granted to a person or entity to pass through another's land for a specified purpose.
Solar Easement
A legal agreement that ensures uninterrupted access to sunlight for solar energy systems, often through a property owner's rights to protect against obstructions that would shade their solar collectors.
Historic Preservation Easement
A legal agreement that protects a property's historical features by restricting certain changes, ensuring its preservation for future generations.
Life Estate
A legal arrangement where an individual is granted the rights to use and benefit from property during their lifetime, but does not own the property outright.
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