Project #32372 - principles of real estate

1. Which is more important--understanding the legal description (physical measurement of the land) or understanding the economic characteristics of the land? Or is it equally important to have a clear cut understanding and appreciation for both. Justify your answer.

2. Our system of government provides for individuals the right to hold ownership to real estate. Yet, our system of government also provides for taxation on real estate holdings, eminent domain and police powers. What is your opinion on the issue of eminent domain as it pertains to your right to protect your property? What about the right to restrict (police power) how we use our land?  What role did the Kelo case (US Supreme Court) play in the state's legislatures redefining the concept of eminent domain?

* References please

* No length specification

Subject Business
Due By (Pacific Time) 06/03/2014 12:00 am
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