Different degrees of protection against defects of title

Assignment Help Operation Management

Reference no: EM132183021

In complete sentences, answer the following questions: There are five different types of deeds which provide different degrees of protection against defects of a title.

1. Briefly describe each of the following : A) Warranty Deed: B) Special Warranty Deed: C) Quitclaim Deed: D) Grant Deed: E) Sheriff's Deed:

2. Eminent Domain is the power of a governmental body (municipality, county, etc) to take personally owned real estate for public use for just compensation. Issues of fairness often arise when the government takes private property for public use. One issue is whether it is fair for the government to take property by eminent domain and then convey it to private developers. For example, the town thinks there should be a large parking lot for a privately owned sports stadium or that land is needed for a new manufacturing plant that will bring in jobs. But is the land really being taken for public use as required by the Fifth Amendment to the U.S. Constitution. In 2005, the U.S. Supreme Court ruled that the power of eminent domain may be used to further economic development. (Kalo v. City of New London, Connecticut, 545 U.S.. 469 (2005). At the same time, the U.S. Supreme Court recognized that individual states had the right to pass laws that prohibit taking for economic development. Since 2005 many states have passed such laws. What do you think? Should eminent domain be used to promote private development?

3. What is inverse condemnation?

Reference no: EM132183021

Questions Cloud

Protection of individual privacy and intellectual property : Prior to this week’s reading, how did you distinguish between the protection of individual privacy and intellectual property?

Describe three major types of organizational structure : Describe each of the three major types of organizational structure.

What is requirements creep and how can we mitigate this risk : What is data warehousing as it relates to information technology? What is requirements creep and how can we mitigate this risk?

Organization attempt often generate significant polarization : Organization attempts often generate significant polarization among pro-union and pro-company employees.

Different degrees of protection against defects of title : There are five different types of deeds which provide different degrees of protection against defects of a title.

What is data warehousing : What is data warehousing? Give three major applications and explain their significance.

Technical competency domain of people : What HR functional areas within the technical competency domain of people do you believe will be impacted the most by future trends? How?

Thinking on the job : The video clip “Thinking on the Job” in the Webtext this week illustrates the importance of critical thinking, especially in work contexts.

Difference between embezzlement and larceny : Why was Sisuphan convicted of embezzlement instead of larceny? What is the difference between embezzlement and larceny?

User Account

All Pages