Property Ownership
In Rhode Island, what is a 'license' as a property right (not a professional license)?
AA permanent right to use another's land
BA personal, revocable privilege to use another's land for a specific purpose, not an interest in real property✓ Correct
CAn easement appurtenant
DA deed restriction
Explanation
A license (property right) is a personal, revocable, non-transferable privilege to use another person's land for a specific purpose. It is not an interest in real property and can be revoked at any time, unlike an easement.
People Also Study
Related Rhode Island Questions
- Under Rhode Island law, what happens to a salesperson's license when their sponsoring broker's license is revoked?Rhode Island License Law
- Rhode Island's real estate license law defines 'broker' as a person who for compensation does which of the following?Rhode Island License Law
- Rhode Island's Comprehensive Plan law requires municipalities to adopt land use plans. The primary purpose of these plans is to:Land Use & Zoning
- A Rhode Island real estate salesperson moves from one broker to another. What must occur to transfer the license?Rhode Island License Law
- In Rhode Island, 'adverse possession' allows a person to acquire title to land if they possess it for how many years?Property Ownership
- Which of the following best describes the Rhode Island Real Estate License Law's purpose?Rhode Island License Law
- A Rhode Island buyer's agent represents a buyer in purchasing a property. After closing, the buyer discovers the agent had a personal financial interest in the property. This failure to disclose:Agency
- In Rhode Island, two unmarried co-owners who each hold an undivided interest with the right of survivorship own property as:Property Ownership
Key Terms to Know
Easement
A non-possessory right to use another person's land for a specific purpose.
DeedA written legal instrument used to transfer ownership of real property from one party (grantor) to another (grantee).
Life EstateA freehold interest in real property that lasts only for the duration of a specified person's life.
Option ContractA contract giving the buyer the right, but not the obligation, to purchase a property at a specified price within a specified time period.
Study This Topic
Practice More Rhode Island Real Estate Questions
1,500+ questions covering all exam topics. Start free — no signup required.
Take the Free Rhode Island Quiz →