Eminent Domain

Revision [220]

This is an old revision of EminentDomain made by MicroZeta on 2006-06-27 12:26:24.


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.
There are no comments on this page.

Valid XHTML 1.0 Transitional :: Valid CSS :: Powered by WikkaWiki