Property Ownership
The government's power of eminent domain allows it to:
ARegulate land use through zoning without compensation
BTake private property for public use, provided just compensation is paid✓ Correct
CImpose property taxes at any rate it deems necessary
DRevert property to the state when an owner dies without heirs
Explanation
Eminent domain (the Fifth Amendment) permits government to take private property for a public use if it pays the owner just (fair market) compensation. The process is called condemnation.
Related Arkansas Property Ownership Questions
- The Arkansas Homestead Act exemption reduces a homeowner's taxable assessed value by how much?
- A tenancy in common allows each co-owner to:
- A deed restriction (restrictive covenant) is an example of a:
- The doctrine of prior appropriation for water rights (used in western states) means:
- Real property is generally described as consisting of:
- An easement in gross is an easement that:
- Constructive eviction occurs when:
- In a time-share, the purchaser acquires:
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