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Richard owns Scholars Apartment House. His ownership rights include the right to sell or give awey the property without restriction, as well as to use

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Richard owns Scholars Apartment House. His ownership rights include the right to sell or give awey the property without restriction, as well as to use the property for whatever purpose he sees fit. His ownership interest is the right to adverse possession. the power of eminent domain. a life estate. a fee simple absolute. Question 15 Mike owns a beach house in North Carolina in fee simple. This ownership interest is potentially infinite in duration. limited to the period of the lives of Mike and his immediate heir. limited to the period of Mike's life. subject to the withdrawal or recall of the previous owner. Gary owns the surface rights for High Desert Ranch, which includes a house, a bunkhouse, and two barns. Ida owns the subsurface rights. When Ida drills for and extracts the oil beneath the ranch, the surface subsides and the structures collapse. Most likely responsible for the damage is Ida and Gary in equal measure. Gary. no one. Ida. Richard owns Scholars Apartment House. His ownership rights include the right to sell or give awey the property without restriction, as well as to use the property for whatever purpose he sees fit. His ownership interest is the right to adverse possession. the power of eminent domain. a life estate. a fee simple absolute. Question 15 Mike owns a beach house in North Carolina in fee simple. This ownership interest is potentially infinite in duration. limited to the period of the lives of Mike and his immediate heir. limited to the period of Mike's life. subject to the withdrawal or recall of the previous owner. Gary owns the surface rights for High Desert Ranch, which includes a house, a bunkhouse, and two barns. Ida owns the subsurface rights. When Ida drills for and extracts the oil beneath the ranch, the surface subsides and the structures collapse. Most likely responsible for the damage is Ida and Gary in equal measure. Gary. no one. Ida

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