This topic contains a solution. Click here to go to the answer
« previous next »

Author Question: What is adverse possession? What will be an ideal response? ... (Read 28 times)

Jkov05

  • Hero Member
  • *****
  • Posts: 556
on: Aug 3, 2018
What is adverse possession?
 
  What will be an ideal response?

Question 2

What is fair compensation? How does it differ from fair market value?
 
  What will be an ideal response?


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

meryzewe

  • Sr. Member
  • ****
  • Posts: 346
Reply #1 on: Aug 3, 2018
Answer to Question 1

Adverse possession is an involuntary taking of ownership of another's land without a deed. It is granted after a court proceeding which confirms the transfer based on use by another party that is adverse to the interests of the owner for a statutorily required period of time.

Answer to Question 2

Fair market value represents what a willing buyer will pay a willing seller in an arm's length transaction. Just compensation includes fair market value plus compensation for additional losses related to being forced to relocate.


Jkov05

  • Member
  • Posts: 556
Reply 2 on: Aug 3, 2018
:D TYSM

Dnite

  • Member
  • Posts: 297
Reply 3 on: Yesterday
Excellent

« previous next »
 

Did you know?

Thyroid conditions may make getting pregnant impossible.

Did you know?

Carbamazepine can interfere with the results of home pregnancy tests. If you are taking carbamazepine, do not try to test for pregnancy at home.

Did you know?

The oldest recorded age was 122. Madame Jeanne Calment was born in France in 1875 and died in 1997. She was a vegetarian and loved olive oil, port wine, and chocolate.

Did you know?

Excessive alcohol use costs the country approximately $235 billion every year.

Did you know?

Walt Disney helped combat malaria by making an animated film in 1943 called The Winged Scourge. This short film starred the seven dwarfs and taught children that mosquitos transmit malaria, which is a very bad disease. It advocated the killing of mosquitos to stop the disease.

Seedling growth showing the triple response to ethylene. Seedling growth showing the triple response to ethylene.
Three ways that factors affect mortality in response to changes in population density. Three ways that factors affect mortality in response to changes in population density.
Varicosis. (a) Varicose veins develop due to the failure of valves in the superficial veins of the l Varicosis. (a) Varicose veins develop due to the failure of valves in the superficial veins of the l
Stress Response Stress Response
Frequency distribution curve: interpatient variability in drug response. Frequency distribution curve: interpatient variability in drug response.
Pathophysiologic response to anaphylaxis Pathophysiologic response to anaphylaxis
Video: Embryonic development - Week 4

For a complete list of videos, visit our video library