Which of the following is considered a possessory interest in land?

Study for the Indiana RECP Comprehensive Test. Utilize flashcards and multiple-choice questions, each with hints and explanations. Prepare to ace your exam!

A lease is considered a possessory interest in land because it grants the tenant the right to occupy and use the property for a specified period while also providing certain legal rights associated with that possession, such as the right to exclude others from the premises. This arrangement establishes a landlord-tenant relationship where the tenant has a degree of control and use over the property, reflecting a direct possessory interest.

In contrast, easements—appurtenant and in gross—entail the right to use someone else's land for a specific purpose but do not grant possession of the property itself. A license similarly allows a person to use another's property but can be revoked at any time and does not convey any lasting interest in the land. Therefore, while both easements and licenses provide rights related to land use, they do not create a possessory interest as a lease does.

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