Mastering Real Estate Principles, Eighth Edition - Unit 3
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Private property is condemned for the public good through the right of
A company owns a movie theater located on property that has just been rezoned for residential use. The theater is allowed to continue operating, however, if it is destroyed by fire, the company
An auto body shop has been in operation in the same building for many years. The local government rezoned the property to multi-unit residential. The body shop now
The state wanted a homeowner’s property to build a new highway. If the owner refuses to reach an agreement with the state for the property the state may acquire it through
If a property owner dies and leaves no will or heirs, the property may pass to the government through its powers of
The Lead Based Paint Reduction Act affects residential real estate built before what year?
What environmental hazard is a product of the natural decay of radioactive substances found in the ground?