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Real Estate Glossary

Expropriation

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Written by Luis Escobar

Can also be referred to as eminent domain, expropriation is the power of private persons or corporations, municipalities, and states possess that allow them to exercise functions of public charter in order to obtain private property for public use by condemnation. The owner will then be justly compensated.

Can also be referred to as eminent domain, expropriation is the power of private persons or corporations, municipalities, and states possess that allow them to exercise functions of public charter in order to obtain private property for public use by condemnation. The owner will then be justly compensated.

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Luis Escobar

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