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Eminent Domain

Eminent domain is the power of the government to take private property for public use. This power is granted to the government by the Constitution, and is typically used to acquire land for public projects such as roads, schools, or government buildings. Continue Reading Below

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Encyclopedia Articles

Discover the definition of financial terms related to eminent domain.

Condemnation Explained: Definition, Process, and Real-World Examples Thumbnail

Condemnation Explained: Definition, Process, and Real-World Examples

SuperMoney Team

The Legal Framework of Requisitioned Property: Definition, Compensation, and Implications Thumbnail

The Legal Framework of Requisitioned Property: Definition, Compensation, and Implications

Abi Bus

Eminent Domain: Balancing Public Good and Property Rights Thumbnail

Eminent Domain: Balancing Public Good and Property Rights

Alessandra Nicole

Expropriation: Definition, Process, and Implications Thumbnail

Expropriation: Definition, Process, and Implications

Rasana Panibe

Just Compensation: Definition, Factors, and Real-life Cases Thumbnail

Just Compensation: Definition, Factors, and Real-life Cases

SuperMoney Team

Pro Tanto: Legal Insights, Eminent Domain, and Compensation Explained Thumbnail

Pro Tanto: Legal Insights, Eminent Domain, and Compensation Explained

Abi Bus

About Eminent Domain

Eminent domain is the power of the government to take private property for public use. This power is granted to the government by the Constitution, and is typically used to acquire land for public projects such as roads, schools, or government buildings. When the government uses eminent domain, it must provide just compensation to the property owner.