Asked by Vivian Terziario on May 22, 2024
Verified
All interests in property that can be conveyed carry the right to immediate possession.
Conveyed
Transferred or passed on ownership, rights, or properties from one person to another.
Immediate Possession
Immediate possession refers to a legal situation where an individual or entity has the right to take control of a property or asset without delay.
- Identify the processes and legal requirements for acquiring or transferring property interests.
Verified Answer
KS
Kasey SouvannaleuthMay 24, 2024
Final Answer :
False
Explanation :
Not all interests in property that can be conveyed include the right to immediate possession. For example, future interests, easements, and certain types of trusts convey rights in property but do not grant the right to immediate possession.
Learning Objectives
- Identify the processes and legal requirements for acquiring or transferring property interests.