Asked by
Essynce Templeton
on Nov 27, 2024Verified
In most states, the assignment of ownership rights in real estate cannot be prohibited because that would be contrary to public policy.
Ownership Rights
Legal rights that confer the benefits and control over property, assets, or resources, allowing the owner to use, manage, and dispose of them.
Real Estate
is property consisting of land and the buildings on it, along with its natural resources such as crops, minerals, or water.
Public Policy
Comprises government actions and procedures intended to solve societal issues and promote the general welfare.
- Recognize the restrictions and prohibitions concerning the assignment and delegation of contracts as dictated by statutory laws or contractual agreements.
Verified Answer
AM
Learning Objectives
- Recognize the restrictions and prohibitions concerning the assignment and delegation of contracts as dictated by statutory laws or contractual agreements.