Land Use & Zoning
Eminent domain requires that property taken for public use receive:
ANo compensation if for public benefit
BJust compensation based on the property's fair market value✓ Correct
CCompensation equal to the assessed value
DCompensation only for structures, not land
Explanation
The Fifth Amendment requires that private property taken through eminent domain receive just compensation, which is typically the fair market value of the property.
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