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A personal, revocable, and unassignable permission of authority to do one or more acts on the land of another, without possessing any interest therein, is the definition of:

  1. Easement

  2. Encroachment

  3. License

  4. Option

The correct answer is: Easement

The correct answer is a license. A license in real estate refers to a personal, revocable, and unassignable permission granted by one party to another, allowing them to perform a specific act on the property of the license grantor. This means that the license does not confer any estate or interest in the property itself, and it can be revoked at any time by the landowner. In contrast, easements typically involve a more permanent and assignable interest in the property that allows someone to use a portion of another’s land for a specific purpose, like a right of way. Encroachments are unauthorized intrusions onto another's property, such as a fence or building that extends beyond the property line, and they do not fit the definition given in the question. An option involves a contract that gives a party the right to purchase or lease property in the future, which is fundamentally different from the temporary permission described by a license.