ECONOMICS (CBSE/UGC NET)

ECONOMICS

PROPERTY RIGHTS

Question [CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
Which of the following would LEAST LIKELY by a lawful use for taking homes through the power of eminent domain?
A
light rail train in Tempe
B
public K-12 school
C
shopping center
D
future freeway overpass
Explanation: 

Detailed explanation-1: -A local government can use the power of eminent domain to implement its general plan. A local government can use the power of eminent domain, along with its police power, to control land use and implement its general plan. Ad valorem is a Latin phrase that means “added value.” Ad valorem means “according to value."

Detailed explanation-2: -How are private usage restrictions such as declaration restrictions enforced? A property owner acquired a property by means of a deed that included a deed restriction against building any kind of unattached structures on the property.

There is 1 question to complete.