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0 tracked cards Real Property

Owner orally tells Neighbor, "You may keep your canoe at my dock if you repair the dock." Neighbor spends $4,000 repairing the dock.
Which statement is most accurate?

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The oral permission is generally a revocable license, but it may become irrevocable to the extent necessary to avoid injustice if the user reasonably relied by making substantial improvements. The oral permission creates a prescriptive easement immediately. The oral permission creates a covenant that runs with both parcels. The oral permission is enforceable only if the user paid market rent.

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