An owner receives notice that his property is on the future site of an expressway.He or she will most likely?

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An owner receives notice that his property is on the future site of an expressway.He or she will most likely?

have to relinquish ownership due to?

A-police owner
B-eminent domain
C-escheat
D-annexation

2006-12-28 03:09:59 · 3 answers · asked by Anonymous in Business & Finance ➔ Corporations

3 answers

eminent domain

2006-12-28 03:12:56 · answer #1 · answered by Chief BaggageSmasher 7 · 1⤊ 0⤋

B. Since the Local & State Government basically owns everything... BUT you will be paid of handsomely.

Take the offer you are given for if you fight it, you could lose the property AND not get a nice settlement.

2006-12-28 13:34:37 · answer #2 · answered by Kitty 6 · 0⤊ 0⤋

2006-12-28 11:56:31 · answer #3 · answered by Anonymous · 0⤊ 0⤋