How To Survive And Prosper In An Eminent Domain Action
Property owners in California are increasingly facing yet another challenge: state and local governments exercising their power of eminent domain to condemn and purchase property. This article will acquaint property and business owners with the basics of eminent domain, its procedures and the determination of the necessary ?just compensation? for the government to condemn one?s property. Eminent domain is the power of government agencies to acquire property from a private landowner for a ?public use,? with or without the property owner?s consent. This article discusses the procedure Eminent domain. Thus, a quality team of professionals will provide value in the form of increased compensation that far exceeds the costs of those services ? a real ?win- win? for all concerned.