Condemnation

condemnation
taking private property for public use with compensation to the owner under eminent domain . Used by governments to acquire land for streets, parks, schools, etc., and by utilities to acquire necessary property.

condemnation
Definition 1.
The legal seizure of property by a government authority for public use, through the powers of eminent domain, in exchange for fair market value.

CONDEMNATION - A judicial or administrative proceeding to exercise the power of eminent domain, through...
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Condemnations
If a fishing permit/license is condemned then follow the rules under Involuntary Conversions, IRC Section 1033. See Publication 544, Sales and Other Dispositions, Chapter 1, "Condemnations" for more information.

Condemnation
1. The determination that a building is not unfit for use or is dangerous and must be destroyed.
2.

Condemnation
The act of condemning (as land forfeited for public use) or judging by a government to be unfit for use.
Conditional Commitment
A promise made by a lender to give a loan if the borrower meets the specified requirements.

Acquisition by condemnation of only part of the property or some property rights.Examples: Situations calling for partial takings
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Derogation ...

The vexatious prosecutions and condemnations for Majestatsbeleidigung (16 se majeste) following 1890 did the cause more good than harm.

It draws quick condemnation from commentators, from politicians and from military leaders, with calls for severe punishment including jail, although a dismissal is considered the most likely result.

Some states were expelled - among them Italy in 1937, as a condemnation for invading Abyssinia.

In much more recent times, the influence of Islam in fostering fatalistic attitudes and anti-commercial or anti-materialist values (such as the condemnation of all lending at interest) is often invoked as part of the explanation for the relative ...

If your property is lost or destroyed by theft, vandalism, condemnation, or a natural disaster such as a fire, tornado, flood, landslide etc.

Value After the Taking
Worth of the property part which is left subsequent to a condemnation action.
Value Before the Taking
Market price of all the property prior to a condemnation proceeding.

The later rise of Hitler was thought by many to justify this condemnation. In A Tract on Monetary Reform he called for an end to the Gold Standard, on the basis that devaluation was preferable to deflation, and that sterling was overvalued.

Eminent Domain - The right of the government or a public utility to acquire property for necessary public use by condemnation; the owner must be fairly compensated.

This is a conversion of property where it is in whole or part destroyed, stolen, seized, requisitioned or condemned (or where there is a threat or imminence of requisition or condemnation).

JUDGMENT - An amount to be paid or collected by the state as the result of a court decision, including a condemnation award in payment for private property taken for public use.

Eminent Domain: when a government takes private property for public use. The owner receives payment for its fair market value. The property can then proceed to condemnation proceedings.

In a sense, all land presently or ultimately belongs to the state, for whatever is not actually owned by the public authority may be transferred to it by escheat (when there is no heir to the owner) or in condemnation proceedings under the power of ...

For example, most residential mortgage loan contracts permit the homeowner to voluntarily prepay his or her loan at any time. Involuntary prepayments are liquidations resulting from foreclosures, condemnations, or casualty.

Concern that a future owner might not take proper care of it, however, caused the local government to 'preserve' this beautiful place. The owners did not want to part with it, but the city initiated condemnation proceedings and bought the park.

condemnation The legal seizure of private property by government authorities for public... condominium A form of property ownership in which each owner holds title to his/her individual...

In a blanket condemnation, a number of properties are sold through the power of eminent domain. A blanket insurance policy covers more than one property.

See also: Compensation, Franchise, Personal finance, Acquisitions, Career