Property Ownership and Land Use Practice Question
Question
A buyer and seller disagree about a transaction term involving eminent domain. The parties need a practical answer before moving forward. Which answer best applies the rule? (Item 113)
Answer choices
- A. Identify government taking of private property for public use with just compensation.
- B. It shifts all responsibility to escrow and eliminates the broker’s duties.
- C. It makes oral promises enforceable in every real estate transaction.
- D. It is optional whenever both parties verbally agree to proceed.
Correct Answer
A. Identify government taking of private property for public use with just compensation.
Explanation
The correct answer is A because eminent domain requires candidates to identify government taking of private property for public use with just compensation. The other options overstate the effect of custom, oral agreement, escrow, or independent salesperson action and do not reflect safe California exam practice.
Question details
- Difficulty: easy
- Domain: Property Ownership and Land Use
- Objective: eminent domain