Limitations on Ownership Rights Flashcards Preview

SCC REA 201 > Limitations on Ownership Rights > Flashcards

Flashcards in Limitations on Ownership Rights Deck (8)
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1
Q

Condemnation

A

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

2
Q

Confiscation

A

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

3
Q

Eminent Domain

A

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

4
Q

Escheat

A

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

5
Q

Government rights

A

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

6
Q

Police power

A

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

7
Q

Rights of others

A

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

8
Q

Taxation

A

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

Decks in SCC REA 201 Class (75):