February 12th, 2019
Eminent domain is a legal strategy that allows a federal or local government to seize private property for public use. The seizing authority must pay fair market value for the property seized. This is not a right an individual would have. The other government rights are police power, taxation and escheat. A easy way to remember the government powers is to remember the name Pete. Pete stands for Police power, Escheat, Taxation and Eminent domain.
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