Property Ownership and Land Use Practice Question
Question
An investor is comparing two properties involving eminent domain. The parties need a practical answer before moving forward. Which answer best applies the rule? (Item 33)
Answer choices
- A. Identify government taking of private property for public use with just compensation.
- B. It prevents any later disclosure, even when new facts become known.
- C. It applies only to commercial property and never to residential transactions.
- D. It is controlled only by local custom rather than by law, contract, or professional duty.
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