All About Eminent Domain and Your Connecticut Home
Wednesday, January 4, 2012 at 9:35AM
Judy in Guest Contributor-Real Estate Attorney , Homeowner Tips

What do you know about the laws and rules surrounding the government’s right of Eminent Domain?

What is it?
Eminent Domain refers to the state’s ability to seize a citizen’s private property, or seize a citizen’s right to obtain property with due monetary compensation, but without the owner’s consent. 

For What Purpose?
The property in question is taken either for government use or by delegation to third parties who will devote the property to public or civic use. In some cases, however, the property seized may be used to spark economic development in a specific community or area.

The Process of Eminent Domain:
Eminent domain is a process administered by a government body where the formal property title of the private owner is transferred to the government. 

In Conclusion...
The power given to a government in regards to Eminent Domain has always existed in the United States. 

If you have additional questions on Eminent Domain, for a FREE phone consultation, call Attorney Tamara Peterson at The Law Office of Only Closings at 203-581-1712 .

The weekly Tip-of-the-Week* is supplied by Only Closings --

a law firm devoted to real estate closings.

      - Our closing staff is made up of seasoned, experienced real estate attorneys.
      - Close where it is most convenient for the client (home, office, job or bank)
      - Very competitive closing fee and no hidden fees!
      - No fee consultations.
      - Personalized, responsive service from all of our attorneys and paralegals

  To learn more about Only Closings and how they can help you quickly close a property transaction, call them at 203-563-9677 or visit them online at www.OnlyClosings.com

*The content within the "Tip-of-the-Week" is strictly for informational purposes and not intended to be interpreted and/or used as legal advice. Only Closings and OnlyClosings.com is a service provided by Tamara L. Peterson Attorney at Law LLC.


And a note From Judy: If you have a question about buying or selling Real Estate in Fairfield County, and are in need of an Realtor to represent you, I invite you to contact me, and if you have an idea for a topic that you would like to see on The CT Realty Blog, please include it in the "Post a Comment" section link below this post. We appreciate the feedback and look forward to providing you with the best real estate content, advice and service in Fairfield County, Connecticut.

 

Article originally appeared on Fairfield County CT Real Estate & Homes for Sale in Easton, Fairfield, Norwalk, Trumbull & Westport, Connecticut (http://www.thectrealtyblog.com/).
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