Limitations on Ownership Rights

Question 1

Condemnation

Answer 1

The act of taking private property for public use by a political subdivision through the exercise of the power of eminent domain

Question 2

Confiscation

Answer 2

The right of government to seize property without compensation in the interest of national security

Question 3

Eminent Domain

Answer 3

The government’s right to take private property for public use without the owner’s consent, after paying the owner fair compensation

Question 4

Escheat

Answer 4

The reversion of property to the state upon the death of an owner who has no will or heirs able to inherit

Question 5

Government rights

Answer 5

As they relate to limits on ownership rights, they include police power, taxation, eminent domain, and escheat

Question 6

Police power

Answer 6

The government’s right to enact and enforce laws for the common good

Question 7

Rights of others

Answer 7

Private, nongovernmental limitations on the bundle of rights, such as deed restrictions

Question 8

Taxation

Answer 8

The government’s right to levy taxes against real and personal property in order to provide services to benefit the people