Tennessee 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: To acquire the property for public use, the city will initiate condemnation, a legal process that allows governments to take private land for public benefit, provided fair compensation is offered.
Option A, accession, refers to the acquisition of additional property through natural means and is not applicable here.
Option B, negotiation, involves voluntary agreements, which is not an option since the landowner refuses to sell.
Option D, escheat, pertains to property reverting to the state when an owner dies without heirs, making it irrelevant to this scenario.
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