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NJ Real Estate Exam Practice Flashcards | StudBud
NJ Real Estate Exam Practice
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Which of the following is true of an eminent domain proceeding?
A
It leaves the property owner with equitable title in place of legal title
B
It conveys legal title to the acquiring entity
C
It clouds the chain of title by canceling the original grant
D
It cancel's the property owner's mortgage loan balance
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