Answer questions 4-9

What does the term "hostile" mean in adverse possession situations? Question 5 ( 2 pts): What is a setback requirement? Question 6 ( 2 pts): How far back in time does a property's "chain of title" go? Who should be the first entry in this "chain"? Question 7 ( 3 pts): A graduated rent lease has scheduled payments of $10,000 per year for the first two years, with 6 percent increases for the remaining three years. What will the lease payment be for the fourth year? Question 8 ( 3 pts): Ed's furs pays rental payments of $1,200 per month plus 1.5 percent of gross sales over $18,000. What will Ed's payment be when sales are $26,000 per month? Question 9 ( 2 pts): If Clyde offers to buy Suzy's property for $150,000 and Suzy is willing to sell the property but tells Clyde that she wants $175,000 for it, who is the offeror and who is the offeree at this point