1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
Radda [10]
1 year ago
8

lisa lives next to a vacant plot that belongs to carol. carol has never visited the plot in the last 20 years during which perio

d, lisa has taken care of it by fencing the plot and mowing the grass. if this continues, lisa will be able to claim ownership of land based on: multiple choice a quitclaim deed. adverse possession. easement. fee simple absolute.
Business
1 answer:
masya89 [10]1 year ago
7 0

Lisa lives next to a vacant plot that belongs to Carol. Carol has never visited the plot in the last 20 years during which period, Lisa has taken care of it by fencing the plot and mowing the grass. if this continues, Lisa will be able to claim ownership of land based on adverse possession.

Adverse possession, every so often colloquially described as "squatter's rights", is a criminal principle in the Anglo-American not unusual law below which a person who does no longer have criminal title to a chunk of assets generally land (real assets) may additionally accumulate prison possession based on continuous ownership or occupation of the property without the permission of its prison owner. The ownership by means of a person is not unfavorable if they may be in ownership as a tenant or licensee of the felony proprietor.

What's the rule of thumb of adverse possession?

It was determined: “adverse possession lets in a trespasser – a person guilty of a tort, or maybe a crime, in the attention of the regulation – to advantage felony title to land which he has illegally possessed for 12 years.

What are the necessities of adverse possession?

Someone who claims adverse possession have to show: (a) On what date he got here into possession, (b) What became the character of his ownership, (c) Whether the factum of possession become regarded to the opposite party. (d) How lengthy his ownership has persevered, and (e) His possession became open and undisturbed.

Learn more about adverse possession here:- brainly.com/question/22711915

#SPJ4

You might be interested in
The following summary transactions occurred during 2021 for Bluebonnet Bakers: Cash Received from: Collections from customers $
levacccp [35]

Answer:

multiple lang yan ate be

8 0
2 years ago
Oscar owns a building that is destroyed in a hurricane. His adjusted basis in the building before the hurricane is $130,000. His
Alinara [238K]

Answer: $132,000

Explanation:

Oscar's new basis on the building will be the basis of the old building plus any additional investment he added.

This is the because there is no gain on the $140,000 he received because it was an Involuntary Conversion amount and he reinvested it into another building within a period of 2 years.

As there is no gain, the building will retain it's original basis but will add any amount outside the involuntary replacement cost of the building.

The Additional basis will be,

= Cost of building - Insurance

= 142,000 - 140,000

= $2,000

The Basis for the new building is,

= 130,000 + 2,000

= $132,000

3 0
3 years ago
Which of the following bonds has the greatest price risk? A 10-year $100 annuity. A 10-year, $1,000 face value, zero coupon bond
kogti [31]

Answer:

A 10-year, $1,000 face value, zero coupon bond.

Explanation:

Zero coupon bonds are sold at a deep discount, and do not pay coupons, only pay the full par value price at maturity.

Zero coupon bonds are riskier than other types of bonds because they are subject to interest tax risk: this means that even if the bond does not pay coupons, the IRS still computes an imputed interest that the bond would have received, and charges an income tax over it.

If the bondholder of a zero coupon sells the bond before maturity, the risk of having paid more in both income taxes on imputed intersest, plus the initial price of the bond itself, than the gain from the sale, is very high.

5 0
3 years ago
What is the argument in this formula? =AVERAGE(B11:H14) AVERAGE H11 B11:H14 B11
Whitepunk [10]

Answer:

The Answer is D. B11:H14

Explanation:

A got a good grade

8 0
3 years ago
O gün hava ne kadar soğuktu​
Mekhanik [1.2K]

in ce clasa ești tu?????

6 0
2 years ago
Other questions:
  • Since your first​ birthday, your grandparents have been depositing $ 1 comma 000 into a savings account on every one of your bir
    5·1 answer
  • Explain how demand for a good can affect demand for a related good.
    11·1 answer
  • Luther industries has a dividend yield of 4.5% and a cost of equity capital of 10%. luther industries' dividends are expected to
    9·2 answers
  • Speechmaking is a form of power and therefore carries with it heavy ________ responsibilities.
    9·1 answer
  • Without an adjusting entry for accrued interest expense, liabilities and interest expense are understated, and net income and st
    10·1 answer
  • New items developed for automobiles in the 1997 model year included a safer air bag, which, unlike previous air bags, eliminated
    6·1 answer
  • Shangrilah Sandals is a manufacturing firm in a developing country, where it routinely uses grease payments to local officials t
    15·1 answer
  • Companies can use _____ analysis to predict income based on various changes in fixed or variable costs, selling price and volume
    11·1 answer
  • Lane is considering a career as a public relations specialist in which he
    7·1 answer
  • SINGAPORE - Singtel will be implementing a wage freeze across the company, this year - except for operational and support staff
    11·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!