Which of the following persons may possess a legal interest in property?
A mortgagee, a lessee, and a purchaser for valuable consideration can each hold a legal interest in property, so all of the given options are correct, rather than only one…
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Which of the following persons may possess a legal interest in property?
Answer and explanation
Correct answer D
A mortgagee, a lessee, and a purchaser for valuable consideration can each hold a legal interest in property, so all of the given options are correct, rather than only one category being capable of holding such an interest.