There are two distinct versions of Eminent Domain. New Jersey has the worst version, as does New York, Virginia, Illinois, etc. Some states like Florida do not allow it.
Eminent domain laws in the United States follow either a ‘quick-take’ or ‘slow-take’ process. Under a quick-take process, if the municipality and the property owner cannot agree on the fair market value of the property up front, the municipality can get title to the property immediately, with the issue of value to be resolved later, sometimes - if it ends up going to court – years later. Under a slow-take process, the issue of value must be resolved first, and only then does the municipality decide whether it wants to go through with the condemnation and take title to the property.
I've seen "quick take" used many times where I live in NY. My own land has been threatened by the town. A nearby one-room school-house was taken from the owner even though it was already for sale. Local historical society wanted it and did not want to pay the asking price.
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Today's Featured Article - Sunday Drives - by Cowboy. Summer was finally upon us here in Northern Maine. We have two types of industry up here, one being "Forestry" (Wood Products) and the other "Farming" (Potatoes). There is no shortage of farm tractors and equipment around here! I have been restoring old Farm Tractors for the past 6 years, and have found it easier and less expensive to hit all the auctions and purchase whole tractors for parts needed. My wife who works at a local school, and only has weekends and summers off, while on t
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