In growing areas, it is common for landowners to have their land taken by the government for a public project such as a highway, utility easement, school or some other government project for the “public good”. Those individual landowners will more than likely have heard the term “just compensation”. The 5th Amendment of the United …
Eminent domain is one of the most commonly used processes by which property owners can get their property taken away from them without having to go through any type of court process. This process is most commonly used when a person is interested in getting their land taken away for one reason or another such …
A Homeowners’ Association (or HOA) is a corporation that governs planned residential developments, townhouses, or condos. According to the Community Association Institute, 24% of homes are under a Community Association with more than 63 million Americans living in these communities. Once someone purchases property in an area or building that is governed by an HOA, the …
According to Wikipedia: Eminent domain, land acquisition, compulsory purchase, resumption, resumption/compulsory acquisition, or expropriation is the power of a state, provincial, or national government to take private property for public use. The government uses eminent domain to acquire property for “public use”. What is the Purpose of Eminent Domain Eminent domain refers to the power …
