Ohio Real Estate Salesperson Exam — All Questions

The right of a government to take private property for public use upon payment of just compensation is called:

• a.Escheat
• b.Eminent domain✓
• c.Police power
• d.Adverse possession

Eminent domain is the government's power to take private property for a public purpose, with just compensation paid to the owner, exercised through a condemnation action. Escheat, by contrast, is the reversion of property to the state when an owner dies with no heirs.

An owner grants a neighbor the right to cross her land to reach a lake. This nonpossessory right is a(n):

• a.Fee simple estate
• b.Life estate
• c.Easement✓
• d.Encroachment

An easement is a nonpossessory right to use another's land for a specific purpose, such as access. An encroachment, by contrast, is an unauthorized intrusion of a structure onto a neighbor's property.