Search results
Results from the WOW.Com Content Network
However, when the government fails to file an eminent domain action and pay for the taking, the owner may seek compensation in an action called inverse condemnation. For reasons of expedience, courts generally use fair market value as the measure of just compensation. The primary evidence of fair market value in almost all eminent domain are ...
The most common uses of property taken by eminent domain have been for roads, government buildings and public utilities. Many railroads were given the right of eminent domain to obtain land or easements in order to build and connect rail networks. In the mid-20th century, a new application of eminent domain was pioneered, in which the ...
The National Transmission Corporation (Filipino: Pambansang Korporasyon sa Transmisyon, also known as TransCo) is a Philippine government-owned and controlled corporation established in June 26, 2001 by the Electric Power Industry Reform Act (Republic Act 9136) and a corporate entity wholly owned by the Power Sector Assets and Liabilities Management (PSALM).
TransCo was a unit of another government-owned corporation National Power Corporation (NAPOCOR/NPC), with the latter operated, maintained and owned the country's power grid during that time, before the transfer of the grid to the former on March 1, 2003, where TransCo then operated, maintained, constructed, expanded, and made eminent domain to ...
Inverse condemnation is a legal concept and cause of action used by property owners when a governmental entity takes an action which damages or decreases the value of private property without obtaining ownership of the property through the use of eminent domain. Thus, unlike the typical eminent domain case, the property owner is the plaintiff ...
At a special meeting last Thursday, the Town Council authorized the use of eminent domain to seize a 31-acre site currently owned by developer Waterman Chenango LLC. The eminent domain resolution ...
The regulation of land use based on police power is distinct from the taking of private property by the government through the power of eminent domain. If the regulation of land use is done under the authority of the police power, the private property owner isn't typically entitled to compensation as they would be if property was taken under ...
Blighted land in Philadelphia. Land banking is the practice of aggregating parcels of land for future sale or development.. While in many countries land banking may refer to various private real estate investment schemes, in the United States it refers to the establishment of quasi-governmental county or municipal authorities tasked with managing an inventory of surplus land.