Eminent domain allows the government to take private property for public use, provided that ___.
Correct Answer
B) The property is taken for a public purpose and just compensation is paid to the owner
Eminent domain is the government's constitutional power to take private property for public use without the owner's consent, but just compensation — typically fair market value — must be paid to the owner. The legal process by which the government exercises this power is called condemnation. In Mississippi, this right is granted to the state, counties, municipalities, and certain other entities.
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Related Topics & Key Terms
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Related Concepts
Joint tenancy is a form of co-ownership in which two or more persons hold equal, undivided interests in property with the right of survivorship. When one joint tenant dies, their interest automatically passes to the surviving joint tenants.
A leasehold estate grants the right to possess and use property for a defined period of time, without conferring ownership.
A life estate is a freehold estate that grants ownership rights for the duration of someone's life.
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