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Eminent Domain

Navigation:  Home > Real Estate Law> Eminent Domain

 

Did you know that if the government has a good reason to do so, it can take your property away from you under eminent domain? Indeed, if the government wants to build a road or freeway through your property, it can force you to sell that property to the government, even if you donít want to sell. The government must however pay you reasonably (fair market value) for the land. Whatís more, any tenants in a building taken by eminent domain must also be compensated for the loss of the lease.

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