Property owners must know eminent domain.(Brief Article)

Los Angeles Business Journal | May 27, 2002| | Copyright

Most property owners pay little or no attention to the issues of eminent domain. These days however, if you own property in a redevelopment area, along a major transportation corridor or in a neighborhood the Los Angeles Unified School District (LAUSD) believes is undeserved, you could be subject to governmental action utilizing eminent domain to condemn your property.

The principal of eminent domain

The process of condemning private property in the interest of the public good, is a long standing legal principle. Most governmental agencies use it as a last ...

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