Property OwnershipIntermediateDelaware Exam

What is a 'dedication' of land to the public in Delaware real estate development?

AA tax-deductible charitable contribution of land to a nonprofit

BThe transfer of private land (roads, parks, open space) to the government as a condition of subdivision approvalCorrect

CSimply the formal ceremonial naming of a street or public park after a notable local historical figure, in general

DA conservation easement restricting development on private land

Why The transfer of private land (roads, parks, open space) to the government as a condition of subdivision approval Is Correct

Answer B: The transfer of private land (roads, parks, open space) to the government as a condition of subdivision approval

Land dedication occurs when a developer transfers land to the government as a condition of subdivision or development approval. Common dedications include road rights-of-way, park land, and drainage easements.

Exam Tip: Property Ownership

Property ownership questions test the bundle of rights and different forms of ownership. Know the differences between joint tenancy, tenancy in common, and community property, including the right of survivorship.