Property Ownership
In Minnesota, when a property is condemned by eminent domain, the property owner is entitled to:
ANothing if the taking is for public use
BJust compensation equal to the fair market value of the property taken✓ Correct
CReplacement cost of the improvements only
DCompensation only if the entire parcel is taken
Explanation
The Fifth Amendment and Minnesota Constitution require just compensation (fair market value) whenever the government takes private property through eminent domain, whether the taking is complete or partial. Property owners may challenge the amount of compensation through an inverse condemnation proceeding.
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