Question

Distinguish the various types of property rights

Distinguish the various types of property rights

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Answer #1

Various types of property rights

1.Ownership - Owing land gives the owner all rights to the property.the owner has the absolute Power to enter the land and use it for any law purpose.

2.Lease - A lease is a contract that allows certain individual or organization to use land for a particular purpose for the duration of the lease.

3.license - A license is written permission to enter and use another person land.

4.Easement - An easement allows for the use of land without owing it or Developing it.

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