Property Ownership
A Virginia property owner grants an easement by reservation when selling a parcel. This means:
AThe grantor reserves the right to use part of the sold property✓ Correct
BThe grantee gets additional rights beyond what was conveyed
CThe title company holds an easement in reserve
DVDOT reserves the right to build roads on the property
Explanation
An easement by reservation is created in a deed when the grantor sells the property but reserves (keeps) the right to use a portion of it for a specific purpose. The reserved easement benefits the grantor's retained land.
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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).
Chain of TitleThe sequential record of all transfers of ownership for a piece of property from the original patent holder to the present owner.
Joint TenancyCo-ownership where two or more people hold equal, undivided interests with the right of survivorship — when one owner dies, their share passes to the surviving owners.
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