Property Ownership
In Colorado, when a property is transferred by 'devise' through a will, it means:
AThe property was sold at fair market value
BThe property was left to a beneficiary through the provisions of a will✓ Correct
CThe property was transferred by eminent domain
DThe property was transferred by court order
Explanation
A devise is a testamentary gift of real property through a will. The person receiving the property through the will is called the devisee. Real property transferred by intestate succession (without a will) passes to heirs, not devisees.
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