Section 7-401 - Acquisition of property(a) In connection with any matter under its jurisdiction, the Administration may acquire by condemnation any property located in the District.(b) The Administration may purchase the capital stock of a private carrier or acquire by purchase, lease, or condemnation any property of a private carrier used or useful in rendering transit service, including any rolling stock, shops, garages, terminals, and other assets, property, or facilities.(c) Any condemnation of real or personal property under this section shall be instituted and maintained in the name of the Administration and conducted under Title 12 of the Real Property Article.