The Government Wants to Take an Open Lot Owned by Sabrina

question 50

Multiple Choice

The government wants to take an open lot owned by Sabrina and build a police station. Sabrina is offered $50,000 for the land, but she wants to keep the land or at least receive more money. Must Sabrina sell the land, and if so, must she sell it for the offered price?

• A) If she owns the land in fee simple absolute, she is not required to sell the land at any price.
• B) Sabrina need not sell the land, however, she can insist the government pays fair market value for the land.
• C) Sabrina must sell the land if the government's use is for a legitimate public purpose, however, she can insist the government pays fair market value for the land.
• D) If she owns the land in fee simple absolute, she is required to sell the land, but she can demand a higher price.
• E) Sabrina must sell the land to the government, and the government must pay the fair market value, unless it is her primary residence, then Sabrina need not sell the property.

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Definitions:

Unauthorized Indorsement

A signature placed on a negotiable instrument (like a check) without proper authority or consent, often leading to questions of validity and fraud.

Burden Of Loss

Refers to the responsibility to bear the financial impact of damage, loss, or destruction of property in legal or insurance contexts.

First Party

The entity or individual directly involved in a transaction or legal agreement, such as the buyer in a purchase agreement.

Warranty Liability

Legal obligation arising from a promise or assurance given by a seller that certain statements about a product or service are true or will be met.