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Should a local government be able to condemn property to sell it later to real estate developers for private use? Why or why not?

 

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Romarie Khazandra Marijuan
Romarie Khazandra MarijuanLv10
28 Sep 2019

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Related questions

TRUE OR FALSE

1. _____ Under the feudal system of land ownership, the responsibility for providing services, determining land use, etc., was held by the king.

2. _____ Government rights limit private rights in real property by the use of appropriation.

3. _____ When real property is taken by means of eminent domain, the government has to pay the landowner fair market value.

4. _____ Railroads have the right to condemn private property for public use.

5. _____ A family had a lion as a pet at their home outside the city. When the area became incorporated, the city made him get rid of the lion by their use of police power.

6. _____ A government may acquire ownership of privately held land by patent.

7. _____ If title to real property is said to be fee simple, it can NOT be alienated.

8. _____ A fee simple estate in real property may not be transferred with a bill of sale.

9. _____ The greatest estate in real property is a fee simple estate.

10. _____ The bundle of rights includes the right of escheat.

11. _____ An encumbrance affects the loan to value ratio.

12. _____ An easement may be created by a written document granting the right to another.

13. _____ An easement may be removed from county records by a quit claim deed signed by the owner of the easement.

14. _____ When a parcel of real property is sold in foreclosure, the easement rights transfer with title.

15. _____ An easement appurtenant passes with the title to the dominant estate.

16. _____ A private road on Don’s property has often been used by fishermen as a walkway to the lake. If Don wishes to break the fishermen’s claim to an easement by prescription, while still allowing the use, he must give notice of his consent to their use of the property.

17. _____ The legal right of a utility company to maintain power lines along the back of a lot is called adverse possession.

18. _____ The best way to determine whether a property has an encroachment is to search the title.

19. _____ A property owner lived in an area newly zoned for business but his deed contains a restriction against commercial usage. In this case the zoning laws would prevail.

20. _____ The type of lien used by someone who does work or supplies materials for a home and has not been paid is called a mechanic’s lien.

1. Which of the following careers in real estate would involve primarily working with local governments and civic groups to anticipate future growth and land-use changes?

A. Consulting.

B. Urban planning.

C. Government service.

D. Land development.

 

2. Property owners who deal only with their property are not required to have a real estate license.

True

False

 

3. Most new residential real estate agents are salaried.

True

False

 

4. Residential real estate is the most visible segment of the real estate industry.

True

False

 

5. The appraisal field is more complex requiring for some advanced credential designations.

True

False

What is the main responsibility of government? Should government seek to keep markets competitive and provide maximum private property rights, or should it attempt to manipulate markets to benefit some over others? Why?

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