Oregon Construction Contractors (CCB) Practice Test

What term describes anyone who has an ownership interest in land or improvements?

1. Tenant

2. Owner

3. Contractor

4. Agent

The correct answer is: Owner

The term that describes anyone who has an ownership interest in land or improvements is "Owner." An owner legally holds rights to the property, which includes the land and any buildings or structures on it. Ownership implies the ability to use, sell, lease, or otherwise control the property as the individual sees fit, subject to applicable laws and regulations. In contrast, a tenant is someone who has the right to occupy or use a property belonging to another person for a certain period, typically through a rental agreement, but does not have any ownership interest. A contractor is an individual or company engaged in the construction, repair, or renovation of buildings, but they do not have ownership of the property unless they also hold a stake in it. An agent acts on behalf of another party, typically managing transactions or legal matters, but again lacks ownership of the property itself.