Question

Which of the following is applicable to types of ownership of land in Manitoba? 1. another word for interest in land is estate 2. only the Crown has absolute ownership 3. the three most common types of estates are fee simple estate, life estate, and leasehold estate 4. all of the above

Answer 1

All options apply to land ownership in Manitoba. An interest in land can be referred to as 'estate'. Only the Crown has absolute ownership, but others can hold different rights to land. The three most common estates are fee simple estate, life estate, and leasehold estate.

Step-by-step explanation:

The statement of 'all of the above' is correct in relation to ownership of land in Manitoba, Canada. Interest in land can indeed also be referred to as an 'estate'. In terms of land ownership, only the Crown, that is the state or federal government, has absolute control over all lands, though others may hold different types of rights, or interests, in the land. There are many types of estates, but the three most common are the fee simple estate, the life estate, and the leasehold estate.

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