Eminent Domain
Real Estate
When a government takes private property for public use. The owner receives payment for its fair market value. The property can then proceed to condemnation proceedings.
Common Legal Terms
The power of the government to take private property for public use through condemnation.
Energy
The legal right of government to take private property for public use, provided the owner is offered just compensation for the taking of property.
- — Smart Growth/Smart Energy Toolkit Glossary retrieved 2014-05-26