A license in real estate (not a professional license) differs from an easement in that a license:
Why Is a personal, revocable permission to use another's land that does not create an interest in the property Is Correct
Answer B: Is a personal, revocable permission to use another's land that does not create an interest in the property
Exam Tip: Property Ownership
Property ownership questions test the bundle of rights and different forms of ownership. Know the differences between joint tenancy, tenancy in common, and community property, including the right of survivorship.
Key Property Ownership Terms in This Question
People Also Study
Related Alaska Questions
- A 'license' in real estate law differs from an easement in that a license:Property Ownership
- In Alaska, which type of easement is created by long-term, open, notorious, hostile, and continuous use of another's land?Property Ownership
- In Alaska, a 'ground rent' creates which type of ownership interest for the land occupant?Property Ownership
- An easement appurtenant runs with the land, meaning that:Property Ownership
Key Terms to Know
A non-possessory right to use another person's land for a specific purpose.
DeedA written legal instrument used to transfer ownership of real property from one party (grantor) to another (grantee).
EncumbranceAny claim, lien, charge, or liability attached to real property that affects its value or limits its use.
LienA financial claim against a property that serves as security for a debt or obligation, giving the creditor the right to foreclose if unpaid.
Study This Topic
Practice More Alaska Real Estate Questions
1,400+ questions covering all exam topics. Start free — no signup required.
Take the Free Alaska Quiz →