Property Ownership
The government power of eminent domain allows the government to:
ARegulate land use through zoning ordinances
BTake private property for public use upon payment of just compensation✓ Correct
CCollect property taxes from all landowners
DEnforce deed restrictions in a subdivision
Explanation
Eminent domain is the government's inherent power to take private property for public use (such as building a road or school), provided the owner receives just (fair market) compensation.
Related Arkansas Property Ownership Questions
- A timeshare ownership gives the owner the right to:
- The four unities required for joint tenancy are:
- The 'bundle of rights' associated with real property ownership includes the rights to:
- Which of the following is typically considered personal property (not a fixture) in a real estate sale?
- Which type of deed provides the GREATEST protection to the grantee (buyer)?
- An easement by prescription is similar to adverse possession but differs in that a prescriptive easement:
- Which type of co-ownership has NO right of survivorship and allows each owner to sell their share independently?
- A deed restriction that prohibits commercial use of a residential parcel is an example of a:
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