Question

A land owner who uses his land to graze cattle allows other cattle rancher to use his land also. One day, the neighboring rancher proposes that he be able to use the land exclusively for the next 3 years, and is willing to pay the land owner for these rights. The owner of the land want's to discuss it with his business partners. What might the neighbor offer as an enticement to the owner and his partners?

a.A legally recorded easement
b.A notarized letter or intent
c.A formal offer to purchase
d.A monetary deposit

Answer 1

The neighbor might offer a monetary deposit as an enticement to the land owner and his partners. This could be a lump sum of money that the neighbor is willing to pay upfront in exchange for the exclusive use of the land for the next 3 years.

Step-by-step explanation:

The neighbor might offer a monetary deposit as an enticement to the land owner and his partners. This could be a lump sum of money that the neighbor is willing to pay upfront in exchange for the exclusive use of the land for the next 3 years. The monetary deposit provides immediate financial benefit to the land owner and his partners, making it an attractive option for them.