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Governments mull seizing underwater mortgages
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Where Does the Power of Eminent Domain Come From?
Eminent domain is the power to take property. Eminent domain litigation takes two basic forms: direct condemnation and inverse condemnation. 1. Direct Condemnation. First, there’s direct condemnation—that’s where the government takes your property on purpose; they want to take it so they can build something else.
New York Eminent Domain Laws - Institute for Justice
What is Eminent Domain? In New York, eminent domain gives the government the power to take your property, even if you don’t want to sell. But under the Fifth Amendment, eminent domain must be for a “public use,” which traditionally meant projects like roads or bridges.
eminent domain | Wex | US Law | LII / Legal Information Institute
Eminent domain refers to the power of the government to take private property and convert it into public use, referred to as a taking. The Fifth Amendment provides that the government may only exercise this power if they provide just compensation to the property owners.
Understanding Eminent Domain and Condemnation - LegalFix
Eminent domain refers to the government's power to take private private property for public use (in return for compensation), based on the Fifth Amendment.
Eminent domain in the United States - Wikipedia
In the United States, eminent domain is the power of a state or the federal government to take private property for public use while requiring just compensation to be given to the original owner.
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