Profit (real Property) - Creation

Creation

Like an easement, profits can be created expressly by an agreement between the property owner and the owner of the profit, or by prescription, where the owner of the profit has made "open and notorious" use of the land for a continuous and uninterrupted statutory period.

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Famous quotes containing the word creation:

    I do not, like the Fundamentalists, believe that creation stopped six thousand years ago after a week of hard work. Creation is going on all the time.
    George Bernard Shaw (1856–1950)

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