Property Ownership
The Massachusetts doctrine of 'cy pres' is most relevant to:
AReal estate tax assessments
BCharitable trusts, allowing courts to modify the trust's purpose when it becomes impossible or impractical✓ Correct
CCondominium conversion law
DAdverse possession claims
Explanation
The cy pres doctrine allows courts to modify a charitable trust when its original purpose becomes impossible, impractical, or illegal, allowing the trust to be applied to a similar charitable purpose.
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Key Terms to Know
Adverse Possession
A doctrine by which a person can gain legal title to another's land by openly, continuously, and adversely occupying it for a statutory period.
DeedA written legal instrument used to transfer ownership of real property from one party (grantor) to another (grantee).
EasementA non-possessory right to use another person's land for a specific purpose.
EncumbranceAny claim, lien, charge, or liability attached to real property that affects its value or limits its use.
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