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Question 1 of 1
To review Chapter 6, “Public Restrictions on Land,” match the correct term to each of the descriptions below.
- Eminent domain
- Ad valorem taxes
- Conveyance tax
- Special assessment
The federal or state government’s power to take private property for a public purpose.
The legal process through which the government may take private property.
General real estate taxes may also be known as this.
This is a tax imposed on sales of real property; in most states, it must be paid before the deed can be recorded.
This is a tax levied to pay for improvements that benefit only particular properties, as opposed to all properties in the community.