California Real Estate Broker ExaminationTransfer of PropertyMedium
A developer is building a new subdivision and plans to install all the necessary streets, sidewalks, and utility lines. Once completed, which legal process will transfer ownership of these common infrastructure improvements to the local municipality for public use and maintenance?
- AAccession
- BEscheat
- CEminent Domain
- DDedication
Show answer & explanationAnswer & explanation
Correct answer: D. Dedication
Dedication is the voluntary transfer of private property by its owner to the public for public use, often seen with developers turning over streets, parks, or utilities to a municipality.
Why the other options are wrong
- A. Accession is the acquisition of title to new property by its addition to existing property.
- B. Escheat is the reversion of property to the state when an owner dies without heirs or a will.
- C. Eminent domain is the government's right to take private property for public use with just compensation, usually involuntary.
Dedication (Real Estate)
The voluntary transfer of private property by its owner to the public for public use, such as streets, parks, or utility easements.
- Must be accepted by the public/municipality.
- Commonly occurs in new residential developments.
- Transfers ownership or an easement to the public entity.
Memory trick: Give your land to the city, it's Dedication.