Future Interests in Land

question 45

Multiple Choice

Future interests in land

• A)are presently existing nonpossessory rights that may or may not develop later.
• B)are possessory interests because they permit the holder to take possession at some point.
• C)must create a right to,not merely the possibility of,possession at some time in the future or they would be merely illusory.
• D)cannot be bought and sold.

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Definitions:

Nonvolatile Storage

Permanent storage, as in read-only memory (ROM).

RAM Memory

Volatile computer memory where data can be read and written, used for storing the operating system, application programs, and data in current use.

Read/Write Head

A component of a disk drive, such as a hard drive, that reads data from and writes data to the disk.

Mechanical Hard Disk

A data storage device that uses mechanical platters and a moving read/write head to access data.