Property Ownership
In Alaska, the government's right to take private property for public use, with just compensation, is called:
AEscheat
BPolice power
CEminent domain✓ Correct
DAdverse possession
Explanation
Eminent domain is the government's inherent power to take private property for public use provided the owner receives just (fair market value) compensation. The process of taking is called condemnation.
Related Alaska Property Ownership Questions
- In Alaska, an 'air lot' or 'air parcel' refers to:
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