Define "eminent domain."

Study for the University of Central Florida REE3433 Real Estate Law Exam. Engage with flashcards and multiple choice questions, with hints and explanations for each question. Prepare effectively for your test!

Eminent domain is defined as the government's power to take private property for public use, provided that the property owner receives just compensation. This legal process is rooted in the Fifth Amendment of the U.S. Constitution, which states that private property cannot be taken for public use without just compensation. The concept emphasizes the balance between the needs of the community and the rights of individual property owners.

When the government needs land for projects like highways, parks, or schools, it can invoke eminent domain to acquire the necessary property, demonstrating its authority to act in the public's interest. This ensures that while property rights are protected, the government can fulfill its obligations to meet the needs of the society it serves.

Subscribe

Get the latest from Examzify

You can unsubscribe at any time. Read our privacy policy