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QUESTION 5 The company you work for, Cow Country Corporation (CCC), is selling half of its land to the Double R Ranch. Unfortunately, the only
QUESTION 5 The company you work for, Cow Country Corporation (CCC), is selling half of its land to the Double R Ranch. Unfortunately, the only water source, which is a reservoir, is on the land that CCC is selling. Your boss wants to be able to keep the right to go onto the land that CCCis seing to Double R Ranch in order to remove a limited amount of water per day from the reservoir. What is the best way to do this? 1. Establish an easement on the property in the deed that is used to convey the land to Double R Ranch. 2 Establish a leasehold estate when CCC sell the property to Double R Ranch O3 Establish a profit on the property in the deed that is used to convey the land to Double R Ranch. O4 Create a license as part of the sales transaction to Double R Ranch
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