Eminent Domain
Definition
A property-law concept defining rights, interests, or restrictions relating to land or personal property. It determines how interests are created, transferred, recorded, enforced, or limited through security interests and use restrictions where applicable. It does not confer rights beyond the described property interest and does not override valid superior interests or encumbrances.
Eminent Domain
Definition
Sovereign power to compel transfer of private property to the state or its designee for a public use or purpose, provided the taker follows the governing legal requirements including the obligation to pay just compensation as defined by applicable law.