Bob Ramalho

Berkshire Hathaway - Verani Realty

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Bob Ramalho July 24, 2019

What Is Eminent Domain?

Eminent domain is a law that gives the federal, state, county, and municipal governments in the United States the legal right to "condemn" property and then seize it to allow its use for development. Eminent domain is supposed to be used by the government at the various levels to do things for the public benefit, such as to build new roads or construct new public schools. Compensation Under Eminent Domain Seizure The government cannot take property without compensating the owner for its market … [Read more...]

Filed Under: Real Estate Tagged With: Eminent Domain, Property Issues, Real Estate

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