Is eminent domain fair

How Fair is Market Value? An Appraiser’s Report of Temptations, Deficiencies, and Distortions in the Condemnation Process

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2010 | OriginalPaper | Book chapter

Eminent domain and its legal procedures have been part of government for at least two thousand years. Taking the power away from government is no more possible than doing away with government itself. Government’s dominium eminens, supreme lordship, shall always be with us, like the poor. We have the first recorded instance about 870 BC when Jezebel uses Phoenician law to acquire Naboth’s vineyard for Ahab (1 Kings 21). Eminent domain’s excuse for being will always be making us, as a community, richer. The accompanying requirement to pay just compensation to the dispossessed is supposed to prevent anyone who must surrender property to enlarge the public domain from becoming poorer.

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About this chapter
title
How Fair is Market Value? An Appraiser’s Report of Temptations, Deficiencies, and Distortions in the Condemnation Process
book
Property Rights

Print ISBN: 978-0-230-10247-7

Electronic ISBN: 978-0-230-10779-3

Copyright Year: 2010

https://doi.org/10.1057/9780230107793

DOI
https://doi.org/10.1057/9780230107793_5
publishing company
Palgrave Macmillan US

premium partner

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