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provides detailed information on mortgage foreclosures, government foreclosures, REITs, tax deed sales, tax lien certificate sales and more!

Real Estate Investing Definition

The definition of Condemnation is:

The taking of private property for public use by a government unit against the will of the owner but with payment of just compensation under the government's power of eminent domain. Condemnation may also be based on a determination by a governmental agency that a particular building is unsafe or unfit for use.


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