1.What is the primary role of the real estate appraisal?What are the currently accepted four methodologies for appraising real estate?What role does market value and agreed contract price play in the process?

1.The right of the government (both federal and state) to tax, hold police power over private property, exercise eminent domain and escheat are often at odds with the individual's right to hold fee simple ownership to real estate.Explain your understanding of the legal concept of "fee simple" and balance that concept with the right of a government entity to exercise eminent domain and land-use control or zoning.Your answer must demonstrate a clear understanding of "fee simple".