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21. A literal interpretation of the Fifth Amendment to the Constitution would be that the government can only take an individual's real property (using the

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21. A literal interpretation of the Fifth Amendment to the Constitution would be that the government can only take an individual's real property (using the power of eminent domain) for a a public building b. public purpose C. public use d. reason that serves the public interest 22. Suppose you are appraising a rental apartment complex and find a comparable that sold recently for a $12,000,000 sales price. If the comparable's estimated EGI is $2,000,000, the GIM is: a. 0.06 b. 0.60 C. 6.00 d. 60.00 23. In Illinois, the statutory period for claiming land under adverse possession is 7 years (rather than 20 years) if you are claiming under a claim of title b. color of title C. noisy title d. quiet title 24. Compensation may be due to owners of a property adjacent to a property that was taken by eminent domain (assume the property taken will have negative externalities) if there are significant a. condemnation damages b. consequential damages c. settlement damages d. taking damages 25. Internal rate of return is found where the net present value is: a equal to investment value b. negative C. positive d zero

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