Which statement best defines eminent domain?
Correct Answer
D) Government's power to take private property for public use with just compensation
Eminent domain is the government's power to take private property for a public use, provided just compensation is paid. It is distinct from regulation, inheritance doctrines, or private possession claims.
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Related Topics & Key Terms
Key Terms:
Related Concepts
A freehold estate represents ownership of real property with an indefinite duration.
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.
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