Emienet Domain Essay

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Personal Property Dave Moses Everest University June 27, 2013 Sam owns an acre of land on Red River. The government builds a dam on the river. The dam that was created by the government on Sam lands forms a lake behind the river. Does the government owe Sam anything for taking his land? Yes, the government will have to pay something for Sam’s land because of eminent domain. Eminent domain is defined as the government power to take the private land for public use by a state. The land must be taken for government use or by a third party who will use the land for economic development. Eminent domain can also be defined as condemnation power. Condemnation power describes the formal act of the exercise or the power of eminent domain to transfer the land from Sam the owner to the government. Condemnation is an indication that the government is taking ownership of the land for public use. When the government takes such land like Sam, the government must pay something to compensate him for taking his land. The law clearly states the government cannot take land and not justly compensate for it. The eminent domain process must go through legal proceeding to get the right or title of the land. They will be another proceeding to determine the value of the land by the courts which is usually the fair market value. The government must pay Sam something. Reference Miller, R., & Hollowell, W. (2011). Business law text & exercises. Mason, OH: South-Western Cengage

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