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Real Estate Glossary

Condemnation

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Written by Luis Escobar

Under the right of eminent domain, this refers to the procedure of taking private property by a government agency to turn into public use. It is usually taken without the consent of the owner. However, the government must compensate the owner for their property.

Under the right of eminent domain, this refers to the procedure of taking private property by a government agency to turn into public use. It is usually taken without the consent of the owner. However, the government must compensate the owner for their property.

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Luis Escobar

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