In Colorado, an 'easement by necessity' is created when:
Why A landlocked parcel has no access to a public road and access is legally implied from necessity Is Correct
Answer B: A landlocked parcel has no access to a public road and access is legally implied from necessity
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
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Key Terms to Know
A non-possessory right to use another person's land for a specific purpose.
AgencyA legal relationship in which a licensee (agent) acts on behalf of a principal (buyer or seller) in a real estate transaction.
Eminent DomainThe power of government to take private property for public use, with the requirement to pay the owner just compensation.
Dual AgencyA situation where a single real estate agent or brokerage represents both the buyer and the seller in the same transaction.
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