Give an example of a property interest that an administrative agency could take action on. Please...
Give an example of a property interest that an administrative agency could take action on. Please state why it is a property interest and what agency would likely regulate it.
Homework Answers
Answer:
Communist property is the example of property interest where administrative agency can take action. In general, communist property is the one which is acquired by the couple during the marriage and now require due to divorce or death of the partners.
It is the property interest because both the owners have legacy and beneficial investment and interest in the property and in case of death, it may be the come up as the case of deprivation for property. Administrative agency may regulate the same to have rationale distribution and fair value to the legal owners.
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