Land Use & ZoningIntermediateCalifornia Exam
Eminent domain allows the government to take private property for public use. What must the government provide to the property owner?
ANothing — it is a sovereign right
BJust compensationCorrect
CReplacement property of equal size
DA tax credit equal to assessed value
Why Just compensation Is Correct
Answer B: Just compensation
Both 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.
Listing AgreementA contract between a property owner and a real estate broker that authorizes the broker to market and sell the property.
Right of First RefusalA contractual right giving a party the opportunity to match any offer received before the owner can accept it from a third party.
AppraisalA professional estimate of a property's market value prepared by a licensed or certified appraiser.
Math Concepts
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