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All main topics / Law / Property / Property
Fee Simple and Leasehold Estates
Possessory property interests b/c they carry the right to make a general (not necessarily unlimited) use of property. 

Servitudes are nonpossesssory interests b/c they carry the right to make only a specific or a limited number of uses of property.

Look to the intent of the parties to resolve ambiguities.
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Flashcard info:
Author: jackielen
Main topic: Law
Topic: Property
Published: 17.04.2010




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