Architectionary: EminentDomain

Revision [276]

Last edited on 2006-07-24 08:32:58 by MicroZeta

Additions:

eminent domain is the right a government or quasi-governmental entity has to seize the property owned by an individual or other entity. This process is called [[condemnation]], and involves court action where the government must prove the necessity to seize the property for the public good (IE the construction of a highway or road system which would stimulate the local economy). Additionally, the government must compensate the private owner of the property, although said compensation need not exceed current market value for the property.

Deletions:

eminent domain is the right a government or quasi-governmental entity has to sieze the property owned by an individual or other entity. This process is called [[condemnation]], and involves court action where the government must prove the necessity to sieze the property for the public good (IE the construction of a highway or road system which would stimulate the local economy). Additionally, the government must compensate the private owner of the property, although said compensation need not exceed current market value for the property.

Revision [220]

The oldest known version of this page was created on 2006-06-27 12:26:24 by MicroZeta