Which process involves the government acquiring private property for a public project?

Prepare for the VanEd National Real Estate Exam. Study with interactive quizzes and detailed explanations. Get ready to ace your test with confidence!

The process that involves the government acquiring private property for a public project is known as condemnation. This legal procedure allows the government to take private land for public use, such as building roads, schools, or parks, while ensuring that the owner is compensated fairly.

Condemnation is typically part of a broader concept known as eminent domain, where the government has the right to acquire private property for public use, provided that the property owner receives just compensation. This ensures that property rights are balanced with the need for public development, and it is a critical aspect of real estate law.

In contrast, subordination refers to the prioritization of liens, acquisition broadly encompasses the act of obtaining property, and negotiation is the discussion aimed at reaching an agreement, all of which do not specifically involve the government’s power to take private property for public use.

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