What term is used to describe the legal right to enter and use another's property?

Study for the University of Central Florida REE3433 Real Estate Law Exam. Engage with flashcards and multiple choice questions, with hints and explanations for each question. Prepare effectively for your test!

The term that describes the legal right to enter and use another's property is "easement." An easement is a property right that allows a person or entity to use the land of another for a specified purpose. This legal arrangement does not grant ownership of the land but instead provides specific privileges, such as the right to access a road or utility lines running through someone else’s property.

Easements can be essential in various situations, such as facilitating access to landlocked properties or ensuring the installation and maintenance of utilities like water, electricity, or sewage. The legal framework surrounding easements is vital in real estate law, as it helps balance the rights and uses of adjacent properties without infringing on ownership rights.

Other terms like ownership refer to outright possession of property, while foreclosure pertains to a lender's process of reclaiming property due to borrower default. A mortgage is a financial instrument used to secure a loan for purchasing property. These concepts, while related to real estate, do not signify the specific legal right to enter and use another's property as an easement does.

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