Pennsylvania Auctioneer Practice Exam

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Prepare for the Pennsylvania Auctioneer Exam. Use our flashcards and multiple choice questions, each with hints and explanations. Get ready for your auctioneer licensing exam in Pennsylvania!

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What is an easement?

  1. A. Right of privilege

  2. B. Water rights

  3. C. Present worth of a future benefit

  4. D. Immovable property

The correct answer is: A. Right of privilege

An easement is a legal right to use another person's land for a specific purpose. It is a right of privilege that allows someone who does not own the property to access or use it for a particular reason, such as a right of way to access a neighboring property or a right to install utility lines. So, the correct answer is A, "Right of privilege." Water rights (option B), present worth of a future benefit (option C), and immovable property (option D) do not accurately describe an easement in the context of real estate law.

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