Difference between revisions of "Taking"

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A '''taking''' is an exercise of [[eminent domain]] by a government to seize or "condemn" private property for the benefit of government.  The requirement of just compensation to the owner is established by the [[Fifth Amendment]] of the [[U.S. Constitution]].
 
A '''taking''' is an exercise of [[eminent domain]] by a government to seize or "condemn" private property for the benefit of government.  The requirement of just compensation to the owner is established by the [[Fifth Amendment]] of the [[U.S. Constitution]].
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[[Category:Legal Terms]]

Latest revision as of 14:07, November 15, 2008

A taking is an exercise of eminent domain by a government to seize or "condemn" private property for the benefit of government. The requirement of just compensation to the owner is established by the Fifth Amendment of the U.S. Constitution.