Property Ownership
In Florida, a property owner who dedicates land for a public road through the platting process is:
AEntitled to fair market value compensation from the county
BMaking a voluntary dedication that, once accepted by the government, becomes a public road without compensation✓ Correct
CRetaining ownership of the road surface while the county maintains it
DRequired to maintain the road for 10 years before the county accepts it
Explanation
When a developer creates a subdivision plat and dedicates streets to the public, this is a voluntary dedication. Once accepted by the local government, the dedicated land becomes public right-of-way, and the developer/owner is not compensated.
People Also Study
Related Florida Questions
- A Florida developer creates a subdivision and records a plat. The plat must be:Property Ownership
- A Florida property owner 'dedicates' a strip of land to the county for a new road. This is an example of:Property Ownership
- A Florida property owner whose land is gradually washed away by a river loses that land through the process of:Property Ownership
- In Florida, 'eminent domain' gives the government the power to:Land Use & Zoning
- A Florida property owner wants to give another person the right to cross their land. They create a written and recorded document specifically for this purpose. The most appropriate document is a:Property Ownership
- A 'development agreement' in Florida allows a developer and local government to:Land Use & Zoning
- A Florida property owner's land is taken by the state for a highway expansion. The compensation paid to the owner for this taking is governed by:Land Use & Zoning
- In Florida, a 'lis pendens' recorded against a property notifies the public that:Escrow & Title
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.
Chain of TitleThe sequential record of all transfers of ownership for a piece of property from the original patent holder to the present owner.
Listing AgreementA contract between a property owner and a real estate broker that authorizes the broker to market and sell the property.
AppraisalA professional estimate of a property's market value prepared by a licensed or certified appraiser.
Study This Topic
Practice More Florida Real Estate Questions
1,500+ questions covering all exam topics. Start free — no signup required.
Take the Free Florida Quiz →