Definition: The taking of private real property for a public purpose under the right of eminent domain for a fair price.
Pronunciation: \ˌkän-ˌdem-ˈnā-shən, -dəm-\
Used in a Sentence: In order to construct the new road the city had to purchase several properties through condemnation.
Florida Real Estate Branding Strategies: Top Trends for 2025 Success Florida’s booming real estate market is full of opportunities. With a steady influx of buyers and sellers, now is the...
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