In Alaska, 'tidelands' are generally owned by the state, but 'submerged lands' are owned by the state unless:
Why They have been conveyed to private parties through state land disposal programs Is Correct
Answer A: They have been conveyed to private parties through state land disposal programs
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.
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Key Terms to Know
A non-possessory right to use another person's land for a specific purpose.
Deed of TrustA security instrument used in many states instead of a mortgage, involving three parties: borrower (trustor), lender (beneficiary), and a neutral trustee.
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.
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