Which legal term applies to a property owner receiving a right to use a part of another's property for a specific purpose?

Prepare for the North Carolina Broker Reciprocal Exam. Sharpen your skills with flashcards and multiple-choice questions. Each question offers explanations to ensure clarity and understanding. Get ready to excel!

The correct answer, "Easement," refers to a legal right allowing a property owner to use a portion of another person's property for a particular purpose, such as accessing a road or utility line. Easements are typically granted through a formal agreement and remain in effect even if the property changes ownership. This legal arrangement ensures that the holder of the easement can benefit from using the designated part of another's property while the property owner retains ownership and control over the remainder of their land.

In contrast, a license is a more temporary and revocable permission to use someone else’s land and does not create an interest in the property itself. A lease, on the other hand, is a contractual agreement that allows a tenant to use a property for a specified time in exchange for rent, changing the nature of the relationship between parties. Title signifies ownership of a property but does not pertain to the rights granted for its use by another party. Understanding these distinctions clarifies why easement is the correct term for this scenario.

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