Maine property near a working waterfront:
Correct Answer
B) Maine's Working Waterfront Access Protection Program may create easements or restrictions
Maine has enacted Working Waterfront laws to protect commercial fishing access. Properties near working waterfronts may have restrictions or public access easements that should be disclosed.
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Related Topics & Key Terms
Related Topics:
Key Terms:
Related Concepts
Joint tenancy is a form of co-ownership in which two or more persons hold equal, undivided interests in property with the right of survivorship. When one joint tenant dies, their interest automatically passes to the surviving joint tenants.
A leasehold estate grants the right to possess and use property for a defined period of time, without conferring ownership.
A life estate is a freehold estate that grants ownership rights for the duration of someone's life.
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