condemnation Definition

condemnation

Definition

The legal seizure of property by a government authority for public use, through the powers of eminent domain, in exchange for fair market value.

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condemnation is ...
... part of the Law & Estate Planning and Real Estate subjects.

Related Terms

involuntary conversion -

condemnation appears in the definitions of these other terms on BusinessDictionary.com

confiscation, involuntary conversion

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