Can the Government Take My Property?
Full Video Transcript
Can the government take your property? Yes, in some circumstances, but they must pay you for it. Eminent domain law gives a city, state, or the federal government the right to take your house or other real estate for a public purpose. It doesn’t matter if you don’t want to sell, the government can take your land in order to build a school, a road, a freeway, public housing, parks, or for other approved social and public interests. The tricky part usually comes in when it comes to the issue of paying you for your property. The law says the government must give you “just compensation.” But often, what’s offered to a property owner doesn’t seem very just at all. The good news is that an experienced real estate attorney can help you. Whether your property can be saved, well that depends on the particular facts of your case. But, an attorney can definitely help you with valuing your property and getting the compensation you deserve. For more information about eminent domain, contact a real estate attorney today.
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