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Podcast: The Real Estate Espresso Podcast
Episode: The Taking (I Mean Donating) of Land
Description: On today’s show we are talking about government taking land from you with what appears to be no compensation.
The concept of eminent domain is well entrenched in real estate law. It says that government can demand your land in exchange for just compensation if the taking of that land is in the public interest.
For example, if the public good is served by building a new freeway or an airport, the only way to assemble the land would be by undertaking a claim under eminent domain.
But there is another way to ge...