Principles of Real EstateQuestion 6 of 120
Which government power allows the taking of private property for public use with just compensation?
a.Escheat
b.Eminent domain
c.Police power
d.Estoppel
Explanation
Eminent domain is the government's power to take private property for public use, provided just compensation is paid to the owner. The actual process of taking is called condemnation. It is one of the four government powers (often remembered as PETE: police power, eminent domain, taxation, escheat).
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