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What is real estate interests?

A person who possesses all ownership interests in real property owns the legal title to the real property. Option b is correct. Legal title is a right that grants full control over the property. Legal title can be transferred or sold to others.

What is the name for the person who receives real estate interests?

Grantee - A person who receives a conveyance of real property from the grantor. Grantor - The person transferring title to or an interest in real property to a grantee.

What is expression of interest property Australia?

An Expression of Interest (EOI) campaign is a sale process whereby prospective buyers are invited to submit their highest best offer in writing to purchase a particular property, on/or before a nominated closing date time.

What is a person receiving a gift of real estate called?

A gift, in the law of property, is the voluntary and immediate transfer of property from one person (the donor or grantor) to another (the donee or grantee) without consideration.

What is the person who retains the life estate interest called?

Interest in real property includes any of the following: With respect to real property OWNED: Any interest in land. For further information and examples, refer to Property Tax Rule 121. Any interest in improvements (e.g., buildings, planted fruit and nut trees and vines).