Discussion 1COLLAPSE Overall Rating: 1 2 3 4 5 1 2 3 4 5 "Classifications of Property" Please respond to the following: Discuss the types of property, providing an example of each and why each falls...

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Discussion 1COLLAPSE

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"Classifications of Property" Please respond to the following:


  • Discuss the types of property, providing an example of each and why each falls into its classification.

  • Provide an instance of when you have seen eminent domain in action in your community. If you have not seen this situation, create an example of how this may occur.

Answered Same DayMay 30, 2021

Answer To: Discussion 1COLLAPSE Overall Rating: 1 2 3 4 5 1 2 3 4 5 "Classifications of Property" Please...

Preeti answered on May 31 2021
139 Votes
Running Head: DISCUSSION
Law Based Question

Question 1: Discuss the types of property, providing an example of each and why each falls into its classification.
Broadly, there are three types of property – private property, public property and collective property. The above classification depends on the ownership of property. Properties which are owned by non-government legal entities are classified as Private property, whereas properties owned by the state for public use are classified as Public property. Collective property or common ownership properties are those where ownership is in name of group of members (Floyd and Allen, 2012).
Question 2: Provide an instance of when you have seen eminent domain in action in your community. If you have not seen this...
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