Which legal right may lead to the loss of title to a property through condemnation?

Disable ads (and more) with a premium pass for a one time $4.99 payment

Prepare for the Michigan Real Estate Salesperson Test. Study with flashcards and multiple choice questions, each question includes hints and explanations. Get ready for your exam!

The correct response pertains to the exercise of the right of eminent domain. This legal principle allows government entities to take private property for public use, provided they offer just compensation to the property owner. When the government exercises this right, it can lead to the property owner's loss of title because the government effectively takes ownership of the property to use it for a public purpose, such as building roads, schools, or utilities.

This process is often formalized through condemnation proceedings, where the necessity and appropriateness of the taking are assessed, and if deemed valid, the title is transferred to the government. The requirement for fair compensation is intended to protect the property owner and mitigate the impact of losing their property.

The other options mention various legal rights but do not directly relate to the loss of title through government action. The right of way typically involves the right to pass through or use someone else's property but does not entail taking ownership of the property itself. Preemption rights may allow a party to purchase a property before it is offered to others, but this does not result in condemnation. Adverse possession allows a person to potentially gain title to property through prolonged use and possession, not through governmental action.

Subscribe

Get the latest from Examzify

You can unsubscribe at any time. Read our privacy policy