Property OwnershipIntermediateDelaware Exam
A 'profit à prendre' in Delaware real estate law is:
AA right to take something from another's land (e.g., timber, minerals)Correct
BA profit-sharing arrangement between developer and landowner
CA form of co-ownership between partners
DA lease with a percentage rent provision
Why A right to take something from another's land (e.g., timber, minerals) Is Correct
Answer A: A right to take something from another's land (e.g., timber, minerals)
A profit à prendre (profit) is an interest in another's land that allows the holder to enter and remove specified resources (timber, minerals, crops, game). It is more than an easement because it involves removing something from the land.
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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