New Jersey Real Estate License Exam Practice Question
The city wishes to purchase a parcel of property to be used as a cloverleaf for access to the nearby interstate. The landowner refuses to sell. To acquire title to the property, the city will initiate a process of
Correct Answer: C
Rationale: The city will initiate a process of condemnation to acquire the property, which involves taking private land for public use, typically through legal proceedings. This process is essential when a landowner refuses to sell voluntarily.
Option A, accession, refers to the legal principle of acquiring additional property through natural means, which is not applicable here.
Option B, negotiation, implies a voluntary agreement between parties, but the landowner's refusal makes this option ineffective.
Option D, escheat, involves property reverting to the state when an owner dies without heirs, which is unrelated to the city’s need for land acquisition.
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