Is a home being bought out under eminent domain exempt from Capitol gain?
Q. Recently, we had a home bought out under the eminent domain laws. The State has not sent us any information to file for our taxes. Is eminent domain exempt from capitol gain earnings on your income tax? I've looked through the IRS's website and can't find an exmeption for it but can't figure why the state would not send us some type of reporting form. Any information or links that you can provide will be greatly appreciated.
Asked by kimmer - Thu Feb 28 19:55:58 2008 - - 3 Answers - 0 Comments
A. Actually, if you have a gain more than the $250,000 or $500,000 that can be excluded, you have the option of buying replacement property up to 2 years after the conversion, to defer the non-excluded gain until you sell that house. If you fail to obtain replacement property, or if you elect not to report purchasing replacement property, the conversion is reported as if it were an ordinary sale.
Answered by Arthur R - Thu Feb 28 20:17:54 2008
Q. Recently, we had a home bought out under the eminent domain laws. The State has not sent us any information to file for our taxes. Is eminent domain exempt from capitol gain earnings on your income tax? I've looked through the IRS's website and can't find an exmeption for it but can't figure why the state would not send us some type of reporting form. Any information or links that you can provide will be greatly appreciated.
Asked by kimmer - Thu Feb 28 19:55:58 2008 - - 3 Answers - 0 Comments
A. Actually, if you have a gain more than the $250,000 or $500,000 that can be excluded, you have the option of buying replacement property up to 2 years after the conversion, to defer the non-excluded gain until you sell that house. If you fail to obtain replacement property, or if you elect not to report purchasing replacement property, the conversion is reported as if it were an ordinary sale.
Answered by Arthur R - Thu Feb 28 20:17:54 2008
Eminent Domain: Does the government have the right to take your property for private use?
Q. Just about everyone knows that under a process called eminent domain, the government can (and does) seize private property for public use - to build a road, a school or a courthouse. But did you know the government can also seize your land for private use if they can prove that doing it will serve what's called "the public good"? Cities across the country have been using eminent domain to force people off their land, so private developers can build more expensive homes and offices that will pay more in property taxes than the buildings they're replacing. Under eminent domain, the government buys your property, paying you what's determined to be fair market value. Please respond with your opinion on this issue. Any feedback is… [cont.]
Asked by p f - Fri Sep 21 11:01:00 2007 - - 7 Answers - 0 Comments
A. As of now, yes there was a supreme court ruling on a case in New London, Ct. where the city took land for a commercial development under the "public good" premise of rehabilitation. I think it sucks.
Answered by joe s - Fri Sep 21 11:07:02 2007
Q. Just about everyone knows that under a process called eminent domain, the government can (and does) seize private property for public use - to build a road, a school or a courthouse. But did you know the government can also seize your land for private use if they can prove that doing it will serve what's called "the public good"? Cities across the country have been using eminent domain to force people off their land, so private developers can build more expensive homes and offices that will pay more in property taxes than the buildings they're replacing. Under eminent domain, the government buys your property, paying you what's determined to be fair market value. Please respond with your opinion on this issue. Any feedback is… [cont.]
Asked by p f - Fri Sep 21 11:01:00 2007 - - 7 Answers - 0 Comments
A. As of now, yes there was a supreme court ruling on a case in New London, Ct. where the city took land for a commercial development under the "public good" premise of rehabilitation. I think it sucks.
Answered by joe s - Fri Sep 21 11:07:02 2007
How does eminent domain compensate for restrictions ?
Q. Several years ago I sold a parcel of land reserving a restriction that no roads would be constructed. The property owners are bound by this restriction, however the land is now being taken by the state under the power of eminent domain. My restriction will now be ignored but am I entitled to be compensated the same as the land owner since this is in derogation of the restriction ? If so, what methods are used to determine the amount I'm entitled to ?
Asked by BEN W - Fri Sep 19 23:22:11 2008 - - 1 Answers - 0 Comments
A. If you're no longer the owner, how are you damaged by the road? Are you a neighbor? What was the goal of your restriction (besides no road)? I need more info. I think the state looks at comps, but first you're going to have to prove your damages.
Answered by Gala - Fri Sep 19 23:29:32 2008
Q. Several years ago I sold a parcel of land reserving a restriction that no roads would be constructed. The property owners are bound by this restriction, however the land is now being taken by the state under the power of eminent domain. My restriction will now be ignored but am I entitled to be compensated the same as the land owner since this is in derogation of the restriction ? If so, what methods are used to determine the amount I'm entitled to ?
Asked by BEN W - Fri Sep 19 23:22:11 2008 - - 1 Answers - 0 Comments
A. If you're no longer the owner, how are you damaged by the road? Are you a neighbor? What was the goal of your restriction (besides no road)? I need more info. I think the state looks at comps, but first you're going to have to prove your damages.
Answered by Gala - Fri Sep 19 23:29:32 2008
In what ways is eminent domain unconstitutional?
Q. I have to make an essay that is con eminent domain. A major point I want to talk about is its unconstitutionality, but I need help on what portion and what aspects are unconstitutional. Please give sources if you can
Asked by camasap - Wed Sep 10 16:40:10 2008 - - 3 Answers - 0 Comments
A. While I agree with Curtis that it ought to be unconstitutional for the government to condemn property for the purpose of giving it to a private developer for the ostensible purpose of increasing tax revenue, that is not the way the Supreme Court decided the issue in the case of Kelo v. City of New London, Connecticut (cited below). To argue the point you have been assigned, you may want to point out the arguments raised in Justice O'Connor's dissent in the Kelo case -- she argues that the majority has too broad an understanding of what a "public purpose" is for condemnation. IMHO, Justice O'Connor got it right and Justice Souter got it wrong; if I'd have been on the court I'd have voted with O'Connor. But I wasn't on the court and… [cont.]
Answered by burtlikko - Wed Sep 10 17:10:23 2008
Q. I have to make an essay that is con eminent domain. A major point I want to talk about is its unconstitutionality, but I need help on what portion and what aspects are unconstitutional. Please give sources if you can
Asked by camasap - Wed Sep 10 16:40:10 2008 - - 3 Answers - 0 Comments
A. While I agree with Curtis that it ought to be unconstitutional for the government to condemn property for the purpose of giving it to a private developer for the ostensible purpose of increasing tax revenue, that is not the way the Supreme Court decided the issue in the case of Kelo v. City of New London, Connecticut (cited below). To argue the point you have been assigned, you may want to point out the arguments raised in Justice O'Connor's dissent in the Kelo case -- she argues that the majority has too broad an understanding of what a "public purpose" is for condemnation. IMHO, Justice O'Connor got it right and Justice Souter got it wrong; if I'd have been on the court I'd have voted with O'Connor. But I wasn't on the court and… [cont.]
Answered by burtlikko - Wed Sep 10 17:10:23 2008
Can one government entity exercise eminent domain over the property of another governmental entity?
Q. I'm particularly interested in answers covering eminent domain in California.
Asked by quare - Wed Dec 3 01:27:04 2008 - - 2 Answers - 0 Comments
A. yes it called "war". but in your case yes the state can sieze city lands for freeways and such.
Answered by gabrielbell - Wed Dec 3 01:33:24 2008
Q. I'm particularly interested in answers covering eminent domain in California.
Asked by quare - Wed Dec 3 01:27:04 2008 - - 2 Answers - 0 Comments
A. yes it called "war". but in your case yes the state can sieze city lands for freeways and such.
Answered by gabrielbell - Wed Dec 3 01:33:24 2008
Should the Federal Government use the power of eminent domain to redistribute property in the United States?
Q. Wouldn't a more equitable society be just the kind of public benefit that eminent domain is supposed to produce? I think we can all figure out how to watch cows eat.
Asked by longhaired freaky person - Wed Mar 31 02:42:55 2010 - - 9 Answers - 0 Comments
A. I would hate to see the uprising an attempt to do that would cause.
Answered by Scott - Wed Mar 31 02:45:29 2010
Q. Wouldn't a more equitable society be just the kind of public benefit that eminent domain is supposed to produce? I think we can all figure out how to watch cows eat.
Asked by longhaired freaky person - Wed Mar 31 02:42:55 2010 - - 9 Answers - 0 Comments
A. I would hate to see the uprising an attempt to do that would cause.
Answered by Scott - Wed Mar 31 02:45:29 2010
what are the cons to eminent domain?
Q. Basically why is eminent domain bad, is it fair, and arguments against people who support eminent domain. Thank you.
Asked by dave - Mon Feb 18 12:15:50 2008 - - 3 Answers - 0 Comments
A. It is wrong, and against everything America used to stand for.
Answered by Raul Duke. - Mon Feb 18 12:24:16 2008
Q. Basically why is eminent domain bad, is it fair, and arguments against people who support eminent domain. Thank you.
Asked by dave - Mon Feb 18 12:15:50 2008 - - 3 Answers - 0 Comments
A. It is wrong, and against everything America used to stand for.
Answered by Raul Duke. - Mon Feb 18 12:24:16 2008
My house is being bought my eminent domain ?
Q. My house is being bought out because of eminent domain, if I was to list my house for sale it would probably go for $100,000 anybody know if when a house goes for eminent domain if they give you that amount or is it usually higher than what you'd actually put it up for sale for ?
Asked by robin_32470 - Wed Oct 22 15:32:08 2008 - - 5 Answers - 0 Comments
A. i recently heard in my area that there is some 1 who stands 4 homeowner rights. I also previously heard of a village that helped a farmer fight 4 his land that these idiots tried 2 take away when he chose NOT 2 sell. needless 2 say, I heard thru the local news that he lost his life fighting 4 his land that was ALWAYS kept in the family. this farmer was fatally shot while fighting 4 his right 2 keep his land. after agents killed him, that's the last we ever heard of this. I'm sure there r other sad stories like this, which is y some 1 in authority has stepped up2 the plate 2 protect homeowners. God say in the 10 commandments Thou Shalt NOT Steal. sorry, but eminent domain is stealing when they rip away ownership from ANY 1 who says NO. NO… [cont.]
Answered by saved_astronaut - Wed Oct 22 15:45:15 2008
Q. My house is being bought out because of eminent domain, if I was to list my house for sale it would probably go for $100,000 anybody know if when a house goes for eminent domain if they give you that amount or is it usually higher than what you'd actually put it up for sale for ?
Asked by robin_32470 - Wed Oct 22 15:32:08 2008 - - 5 Answers - 0 Comments
A. i recently heard in my area that there is some 1 who stands 4 homeowner rights. I also previously heard of a village that helped a farmer fight 4 his land that these idiots tried 2 take away when he chose NOT 2 sell. needless 2 say, I heard thru the local news that he lost his life fighting 4 his land that was ALWAYS kept in the family. this farmer was fatally shot while fighting 4 his right 2 keep his land. after agents killed him, that's the last we ever heard of this. I'm sure there r other sad stories like this, which is y some 1 in authority has stepped up2 the plate 2 protect homeowners. God say in the 10 commandments Thou Shalt NOT Steal. sorry, but eminent domain is stealing when they rip away ownership from ANY 1 who says NO. NO… [cont.]
Answered by saved_astronaut - Wed Oct 22 15:45:15 2008
Why doesn't New York simply use eminent domain to keep Muslims out of ground zero?
Q. Eminent domain is routinely used to "condemn" the property of honest citizens, why not for non-citizens
Asked by Shawnna T - Sat Aug 14 20:38:56 2010 - - 9 Answers - 0 Comments
A. Because that is not how eminent domain is used. The Government can only use it if the property is not being used at it's highest and best use. example is a store in an area where there are many other stores and a park would be best suited for the area, they will condemn the one store, pay fair market value and build a park. Peace be with you <<>>
Answered by XAndrewX Church Militant Mt10:34 - Sat Aug 14 20:50:37 2010
Q. Eminent domain is routinely used to "condemn" the property of honest citizens, why not for non-citizens
Asked by Shawnna T - Sat Aug 14 20:38:56 2010 - - 9 Answers - 0 Comments
A. Because that is not how eminent domain is used. The Government can only use it if the property is not being used at it's highest and best use. example is a store in an area where there are many other stores and a park would be best suited for the area, they will condemn the one store, pay fair market value and build a park. Peace be with you <<
Answered by XAndrewX Church Militant Mt10:34 - Sat Aug 14 20:50:37 2010
How do you feel about the issue of eminent domain?
Q. Basically, eminent domain says that the government has authority to seize your property in the name of urban renewal, i.e. your house is not earning any money, corporations have the right to build things on your property to generate income for the town. For more information, refer to: Bipartisan support is trying to overturn the Supreme Court decison, in states across the country.
Asked by bluefire - Tue Feb 21 02:51:47 2006 - - 2 Answers - 0 Comments
A. Historically in the US, eminent domain has been used only sparingly, and only for projects done by the government which have a measurable public purpose; for example, roads, schools, government buildings, etc. Kelo vs. New London changed all that; it is now legal to condemn and seize private property for the purpose of selling it to other private owners in order to increase the tax base of a municipality. In my opinion, Kelo vs. New London is the worst Supreme Court decision in at least 30 years. It paves the way for all kinds of intrusions on private property. The sanctity of property ownership is one of the cornerstones of a free society. I hope Congress successfully creates legislation to overturn the effects of Kelo.
Answered by sandislandtim - Tue Feb 21 09:23:48 2006
Q. Basically, eminent domain says that the government has authority to seize your property in the name of urban renewal, i.e. your house is not earning any money, corporations have the right to build things on your property to generate income for the town. For more information, refer to: Bipartisan support is trying to overturn the Supreme Court decison, in states across the country.
Asked by bluefire - Tue Feb 21 02:51:47 2006 - - 2 Answers - 0 Comments
A. Historically in the US, eminent domain has been used only sparingly, and only for projects done by the government which have a measurable public purpose; for example, roads, schools, government buildings, etc. Kelo vs. New London changed all that; it is now legal to condemn and seize private property for the purpose of selling it to other private owners in order to increase the tax base of a municipality. In my opinion, Kelo vs. New London is the worst Supreme Court decision in at least 30 years. It paves the way for all kinds of intrusions on private property. The sanctity of property ownership is one of the cornerstones of a free society. I hope Congress successfully creates legislation to overturn the effects of Kelo.
Answered by sandislandtim - Tue Feb 21 09:23:48 2006
UNDER EMINENT DOMAIN when the state or government uses your land who pa yes the property taxes ???
Q. state has temp right of way of your land by eminent domain law. and the rent they pay you is not enough to even cover property taxes who payes the tax on going 6 years
Asked by cri m - Sun Mar 2 12:36:04 2008 - - 4 Answers - 0 Comments
A. If you have a partial taking by eminent domain the value of the property should be reduced to account for the government's taking. If you have a forced easement for which you're being compensated then you remain liable for the property taxes. Consult with a local real estate attorney for guidance specific to your situation.
Answered by Bostonian In MO - Sun Mar 2 12:48:26 2008
Q. state has temp right of way of your land by eminent domain law. and the rent they pay you is not enough to even cover property taxes who payes the tax on going 6 years
Asked by cri m - Sun Mar 2 12:36:04 2008 - - 4 Answers - 0 Comments
A. If you have a partial taking by eminent domain the value of the property should be reduced to account for the government's taking. If you have a forced easement for which you're being compensated then you remain liable for the property taxes. Consult with a local real estate attorney for guidance specific to your situation.
Answered by Bostonian In MO - Sun Mar 2 12:48:26 2008
Do you know what the candidates say about property rights and eminent domain?
Q. Here's one to get you started:
Asked by auntb93 - Wed Oct 10 16:24:25 2007 - - 4 Answers - 0 Comments
A. Yes, I knew that. It's not a surprise -- most conservatives are pretty upset by Kelo.
Answered by Teekno - Wed Oct 10 16:27:46 2007
Q. Here's one to get you started:
Asked by auntb93 - Wed Oct 10 16:24:25 2007 - - 4 Answers - 0 Comments
A. Yes, I knew that. It's not a surprise -- most conservatives are pretty upset by Kelo.
Answered by Teekno - Wed Oct 10 16:27:46 2007
eminent domain/foreclosures nationwide is there a connection?
Q. Please no bashing,it is so uncouth. Does anyone here remember about 2-3 years ago there was a big brooha over eminent domain all over the nightly news for about 2 days then silence. Do these massive foreclosures have a tinge of eminent domain or am I being a typical white woman?? If I AM on the right track any and all links would be greatly apperiated. Thank you in advance for your answers.
Asked by ITSME - Thu May 29 13:02:23 2008 - - 1 Answers - 0 Comments
A. Foreclosures remind me of 25 years ago when I drove through a subdivision and saw house after house standing wide open after the owners "walked the note." I'm not sure why you'd be worried about eminent domain. To my knowlege, that is a government option that is done for right of way issues and condemnations.
Answered by Puller58 - Thu May 29 13:10:37 2008
Q. Please no bashing,it is so uncouth. Does anyone here remember about 2-3 years ago there was a big brooha over eminent domain all over the nightly news for about 2 days then silence. Do these massive foreclosures have a tinge of eminent domain or am I being a typical white woman?? If I AM on the right track any and all links would be greatly apperiated. Thank you in advance for your answers.
Asked by ITSME - Thu May 29 13:02:23 2008 - - 1 Answers - 0 Comments
A. Foreclosures remind me of 25 years ago when I drove through a subdivision and saw house after house standing wide open after the owners "walked the note." I'm not sure why you'd be worried about eminent domain. To my knowlege, that is a government option that is done for right of way issues and condemnations.
Answered by Puller58 - Thu May 29 13:10:37 2008
What is eminent domain and what does it cost?
Q. What arguments would be used for it or against it? This is for my daughter's middle school project in which they have to write a bill for a mock hearing in the house or senate.
Asked by sidebysidek9 - Thu Jan 26 21:19:20 2006 - - 2 Answers - 0 Comments
A. The government has the ability to take your property, but under the Constitution must give you reasonable consideration for it.
Answered by Michael T - Thu Jan 26 21:22:50 2006
Q. What arguments would be used for it or against it? This is for my daughter's middle school project in which they have to write a bill for a mock hearing in the house or senate.
Asked by sidebysidek9 - Thu Jan 26 21:19:20 2006 - - 2 Answers - 0 Comments
A. The government has the ability to take your property, but under the Constitution must give you reasonable consideration for it.
Answered by Michael T - Thu Jan 26 21:22:50 2006
Is there compensation when the government uses its power of Eminent Domain?
Q. I hear that the government will pay the appraisal price of property they take. I attended a meeting and asked about compensation, but they avoided the question. Is there a rubric of how they appraise property?
Asked by Mr.Two-Four - Tue Feb 9 02:05:18 2010 - - 2 Answers - 0 Comments
A. Eminent Domain compensation will vary from state to state. But the basic set-up is virtually identical. Each level of government will have an individual who serves as "assessor." For counties, there is an actual position called "County Assessor." It is the job of this person's office to assess fair market value for seized property. However, the vast majority of states also have a appeals process whereby someone who feels short-changed can call for the matter to be determined by an independent arbitrator who will make a determination which binds both sides in the dispute. This process is known as "binding arbitration." Hope this clarifies.
Answered by Will - Tue Feb 9 06:02:09 2010
Q. I hear that the government will pay the appraisal price of property they take. I attended a meeting and asked about compensation, but they avoided the question. Is there a rubric of how they appraise property?
Asked by Mr.Two-Four - Tue Feb 9 02:05:18 2010 - - 2 Answers - 0 Comments
A. Eminent Domain compensation will vary from state to state. But the basic set-up is virtually identical. Each level of government will have an individual who serves as "assessor." For counties, there is an actual position called "County Assessor." It is the job of this person's office to assess fair market value for seized property. However, the vast majority of states also have a appeals process whereby someone who feels short-changed can call for the matter to be determined by an independent arbitrator who will make a determination which binds both sides in the dispute. This process is known as "binding arbitration." Hope this clarifies.
Answered by Will - Tue Feb 9 06:02:09 2010
Can i transfer my property taxes to my new home if the government is using eminent domain?
Q. A friend told me if the govt takes your home you are allowed to keep your property taxes amount and transfer to new home if they are lower. Is this true?
Asked by Mayra - Mon Nov 5 16:26:35 2007 - - 6 Answers - 1 Comments
A. You should check with the taxing body for your property. In some locations, if you acquire a comparable replacement property, you may have the right to transfer the tax assessment to the new property. If your property is taken for eminent domain, you should consult with a legal expert in such matters for your location.
Answered by ninasgramma - Mon Nov 5 17:17:28 2007
Q. A friend told me if the govt takes your home you are allowed to keep your property taxes amount and transfer to new home if they are lower. Is this true?
Asked by Mayra - Mon Nov 5 16:26:35 2007 - - 6 Answers - 1 Comments
A. You should check with the taxing body for your property. In some locations, if you acquire a comparable replacement property, you may have the right to transfer the tax assessment to the new property. If your property is taken for eminent domain, you should consult with a legal expert in such matters for your location.
Answered by ninasgramma - Mon Nov 5 17:17:28 2007
Should private land be able to be taken for military use through eminent domain?
Q. There are a lot of conflicts about eminent domain being used for community development, but should people be put out of their homes for military use of their property?
Asked by oohhbother - Fri Jul 4 11:53:45 2008 - - 9 Answers - 0 Comments
A. With all the empty military bases sitting around the Country, there's no reason to take anyone else's land.
Answered by Leo M - Fri Jul 4 12:00:21 2008
Q. There are a lot of conflicts about eminent domain being used for community development, but should people be put out of their homes for military use of their property?
Asked by oohhbother - Fri Jul 4 11:53:45 2008 - - 9 Answers - 0 Comments
A. With all the empty military bases sitting around the Country, there's no reason to take anyone else's land.
Answered by Leo M - Fri Jul 4 12:00:21 2008
Eminent Domain ? How much does the Gov pay you?
Q. if youre house gets taken under Eminent Domain , how much will the gov reimburse you?
Asked by YouTube - Thu Feb 1 20:11:57 2007 - - 4 Answers - 0 Comments
A. The government will pay you - listen very closely - what they believe is 'fair market value'. They base this on their appraisers and what they have paid other landowners in the area. If you disagree with their offer, dicker for a while. While this is going on, arrange for your own appraisal. Be sure to ask the appraiser if he 1) has done 2) is doing or 3) has a contract to perform appraisals for the entity taking your land. Don't use this guy if any of his answers is "yes". If he says "No", get it in writing. (Down the road, this may become valuable to you.) Do not cave in to their blandishments, or veiled threats, phony deadlines, or sweet talk. The longer you hold out, the higher the price will go. Good Luck to you and… [cont.]
Answered by SisterGirl - Thu Feb 1 21:03:36 2007
Q. if youre house gets taken under Eminent Domain , how much will the gov reimburse you?
Asked by YouTube - Thu Feb 1 20:11:57 2007 - - 4 Answers - 0 Comments
A. The government will pay you - listen very closely - what they believe is 'fair market value'. They base this on their appraisers and what they have paid other landowners in the area. If you disagree with their offer, dicker for a while. While this is going on, arrange for your own appraisal. Be sure to ask the appraiser if he 1) has done 2) is doing or 3) has a contract to perform appraisals for the entity taking your land. Don't use this guy if any of his answers is "yes". If he says "No", get it in writing. (Down the road, this may become valuable to you.) Do not cave in to their blandishments, or veiled threats, phony deadlines, or sweet talk. The longer you hold out, the higher the price will go. Good Luck to you and… [cont.]
Answered by SisterGirl - Thu Feb 1 21:03:36 2007
Why was the eminent domain law created?
Q. I personally don't fully agree with this law, but I am very curious as to why we have this law. So if anyone knows the answer please enlighten me!
Asked by cladisastar9 - Sun Jan 27 00:11:27 2008 - - 6 Answers - 0 Comments
A. Eminent Domain as it is applied in America goes back to English law. In England prior to about 1600 the King had, at least in theory, the power to just take any land that he wanted. In 1606, however, "Dobbie's Case" came through the High Court. Dobbie owned a saltpeter mine, and the King needed a LOT of saltpeter to make gunpowder. Dobbie lacked the capital (In a time before things like bank loans were common) to expand his mine, so the King offered to buy it. They couldn't settle on a price, though, and in the end the King lost patience, and just took it. Dobbie appealed to the courts, and it went through the circuit court, the court of appeals, and finally to the Law Lords (the English equivalent to the Supreme Court) In the end,… [cont.]
Answered by rickinnocal - Sun Jan 27 00:40:19 2008
Q. I personally don't fully agree with this law, but I am very curious as to why we have this law. So if anyone knows the answer please enlighten me!
Asked by cladisastar9 - Sun Jan 27 00:11:27 2008 - - 6 Answers - 0 Comments
A. Eminent Domain as it is applied in America goes back to English law. In England prior to about 1600 the King had, at least in theory, the power to just take any land that he wanted. In 1606, however, "Dobbie's Case" came through the High Court. Dobbie owned a saltpeter mine, and the King needed a LOT of saltpeter to make gunpowder. Dobbie lacked the capital (In a time before things like bank loans were common) to expand his mine, so the King offered to buy it. They couldn't settle on a price, though, and in the end the King lost patience, and just took it. Dobbie appealed to the courts, and it went through the circuit court, the court of appeals, and finally to the Law Lords (the English equivalent to the Supreme Court) In the end,… [cont.]
Answered by rickinnocal - Sun Jan 27 00:40:19 2008
Does the government pay appraised value of a home when it seizes it using eminent domain?
Q. The border wall is coming up if not this year, early next year. The wall is going to be placed in front of my mother's home; therefore, she will be forced to leave. Does the government pay the full "appraised value" of the home, or does it just give what ever it deems "fair"? Where can I find this information? Websites would be greatly appreciated!
Asked by mia - Fri Jul 11 13:52:11 2008 - - 2 Answers - 0 Comments
A. The pay "Fair" value. This depends on the market value, how fast they wan't things done, and current public opinion on the wall. Good luck. I want the wall, but I don't want Americans forced out of their homes.
Answered by mad_mike_j - Fri Jul 11 14:11:11 2008
Q. The border wall is coming up if not this year, early next year. The wall is going to be placed in front of my mother's home; therefore, she will be forced to leave. Does the government pay the full "appraised value" of the home, or does it just give what ever it deems "fair"? Where can I find this information? Websites would be greatly appreciated!
Asked by mia - Fri Jul 11 13:52:11 2008 - - 2 Answers - 0 Comments
A. The pay "Fair" value. This depends on the market value, how fast they wan't things done, and current public opinion on the wall. Good luck. I want the wall, but I don't want Americans forced out of their homes.
Answered by mad_mike_j - Fri Jul 11 14:11:11 2008
From Yahoo Answer Search: 'eminent domain'
Thu Sep 9 16:32:49 2010 [ refresh local cache ]
[Hide]▼
foxnews.com
Thu, 19 Aug 2010 17:48:36 GMT+00:00
Battle: Statement From City of Rancho Cordova FOXNews "In eminent domain , the entity (in this case the City) is required to obtain independent property appraisals based upon current market value. ...
brownstoner.com
305px x 500px | 151.20kB
[source page]
November 12 2007 Atlantic Yards Renter Relocation Lawsuit Tossed A lawsuit challenging the legality of the ESDC s relocation plan for 13 renters in the Atlantic Yards footprint was tossed out of state appellate court on Friday Twelve of the renters live
everything2.com
notNEAL
Sat, 21 Aug 2010 23:42:41 GM
The . eminent domain. clause of the Fifth Amendment in the American Bill of Rights was unused from its ratification on December 15, 1791 until the Supreme Court case of Kohl vs. United States in 1876. The case cited the need for the ...
[Hide]▲
