Land Use & ZoningIntermediateArizona Exam
A taking of private property by the government through eminent domain requires:
AThe owner's voluntary consent
BPayment of just compensation to the property ownerCorrect
CA court verdict finding the owner negligent
DApproval by a majority vote of neighboring property owners
Why Payment of just compensation to the property owner Is Correct
Answer B: Payment of just compensation to the property owner
The Fifth Amendment to the U.S.
Key Land Use & Zoning Terms in This Question
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Key Terms to Know
Eminent Domain
The power of government to take private property for public use, with the requirement to pay the owner just compensation.
Private Mortgage Insurance (PMI)Insurance required by lenders on conventional loans with less than 20% down payment, protecting the lender — not the borrower — against default.
Joint TenancyCo-ownership where two or more people hold equal, undivided interests with the right of survivorship — when one owner dies, their share passes to the surviving owners.
ZoningLocal government regulations that control land use by dividing areas into zones specifying permitted uses, building sizes, and densities.
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