67. A property owner accepts just compensation for a county-approved eminent domain action to install a turn lane. The county comprehensive plan includes reducing the property's width by 20 feet along half of the 110-foot road frontage, requiring the removal of two pecan trees. Prior to road construction, the owner lists the property. What would the property owner disclose
Answer: C
Lot size will be reduced by 1,100 sq. ft. by eminent domain and trees removed
The property owner would disclose that the lot size will be reduced by 1,100 square feet due to the eminent domain action, which includes the removal of the pecan trees. This information is crucial for potential buyers to understand how the property will change.
A) The pecan trees will be removed by the county and are not included in the sale
This option is incorrect because it fails to mention the specific reduction in lot size that will occur due to the eminent domain action. While it correctly states that the trees will be removed, it does not provide the comprehensive information necessary for the buyer.
B) Lot size will be reduced by 2,200 sq. ft. by eminent domain and trees removed
Option B is incorrect as it inaccurately states that the lot size will be reduced by 2,200 square feet. Given that the property width reduction is 20 feet along half of the 110-foot frontage, the actual reduction amounts to 1,100 square feet, not 2,200.
C) Lot size will be reduced by 1,100 sq. ft. by eminent domain and trees removed
This option is correct because it precisely reflects the reduction in lot size as a result of the eminent domain action. The disclosure includes both the reduction of land area and the removal of the pecan trees, providing potential buyers with complete and accurate information.
D) The sales price was reduced to compensate the buyer for the future turn lane
This option is incorrect since it addresses the sales price rather than the physical changes to the property. It does not inform potential buyers about the actual impact on the property size or the removal of trees, which are critical disclosures.
Conclusion
The correct answer, option C, accurately conveys essential information regarding the reduction in lot size and the removal of trees due to eminent domain. Options A, B, and D either lack critical details or provide incorrect information, making them unsuitable for the property owner to disclose. Thus, option C is the most comprehensive and correct choice for informing potential buyers.