Which of the following is not a requirement for the government to exercise its power of eminent domain:
Question 16 options:
notice to the property owner |
|
formal hearing by a court |
|
existence of a public purpose |
|
compensation to the property owner |
Question 17 (2 points)
The holder of a freehold estate only has the right to use the property.
Question 17 options:
True | |
False |
In Minnesota, prospective tenants are not allowed to see the rental unit before they pay any money.
Question 18 options:
True | |
False |
The US Constitution limits the government's power of eminent domain.
Question 19 options:
True | |
False |
Which of the following is not considered part of real estate:
Question 20 options:
subsurface minerals |
|
air rights |
|
harvested timber |
|
land |
Question 16) ans. B) formal hearing by a Court
Power of Eminent Domain refers to a power available to the Government to take private land for useful public purposes like expansion of roads and other utilities. However, the Governemnt must provide a fair compensation to the property owner. The property value/compensation has to be agreed between the Govt and the property owner and incase the value cannot be agreed upon from both sides, then the valuation matter will proceed for condemnation proceedings.
Hence all other options are valid requirements, except option B, i.e, formal hearing by Court is not required.
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