0
Ownership in fee is the absolute ownership of real property. That means you can sell the property or leave it to your heirs. Public ownership means the land is owned in fee by some government authority such as a Town, City, County or a federal entity. That could be such land as parks, athletic fields, town halls, libraries, courthouses, some highways, beaches, civic centers, schools, etc. Private land is land owned in fee by individuals, companies, trusts, clubs, etc. That includes such lands as private homes, condominiums, shopping centers, country clubs, companies, malls, churches, etc.
Wiki User
∙ 15y ago
Add your answer:
Earn +20 pts
A trend whereby private ownership is substituted for public ownership?
Privatization.
When a nations economy privatizes it changes from?
Private ownership to public ownership
Does public ownership and central planning do a better job than private business and free markets?
No. Private ownership and free market is a better system than public ownership and central planning.
What are the two ways that a corporation can be classified by ownership?
Public and Private
What is direct appropriation stage?
Direct appropriation is a formal transfer of ownership of an asset or property from private ownership to public ownership.
What is imminent domain?
Imminent domain is a an ownership of private land which must be for public use and for the betterment of the public.
What are the forms of business ownership?
Private ownership (belongs to an individual) Nationalised ownership (belongs to the state) Public limited ownership (belongs to shareholders) are the 3 main forms of ownership (there are more)
What happens to the ownership of a company when It goes from private to public?
The ownership of a private company is limited to a specific group of people, often a family or extended family. The ownership of a public company is everyone who buys the stock. This could be as small as a few thousand people, or perhaps tens of millions of people.
What are the features of public sector?
Public sector lacks private motives, there collective ownership, accountable to political leaders and it provides public goods.
What term is defined by the combination of leased fee and fee simple ownership?
Fee simple ownership describes the absolute ownership of real property.A leased fee interest describes an ownership interest of a property that is under lease.A "combination" of those two concepts would result in the "leased fee" ownership description.
Compare public and private university?
a private university is basically a tightly knit organization. Usually they have a higher acceptance fee. A public school means you can get in with a lower GPA that is required for a private university. It's basically the same difference as public school and private school.
Is the guinea pig covered by the usda?
Not for private ownership, bur any sort of public display, YES!
