Eminent Domain (Real Estate Analysis) Research Paper

Eminent Domain (Real acres Analysis) - Research Paper ExampleIn most cases use of gamey compass by authentic body politic developers results in disputes and court proceedings referred to as condemnation proceedings.Additionally, use of eminent domain by non humans agents can result in increased depravity since the agents can use the process to enable them pay less for position. In some cases, government official have been involved in corruption whereby they have used eminent domain to acquire hugger-mugger property and later sold it to private developers. The power of eminent domain is restrained by public clause of Fifth Amendment, which requires that the government generate adequate evidence for the acquisition in addition to just compensation before seizing private property for public use (Aycock and Black 53-54).Initially, the eminent domain was used to obtain private properties for public uses such as schools, roads, and parks. However, the eminent domain has been expan ded and is often used to include other catch meant to benefit the public. Real estate agents are thus able to employ the power of eminent domain when they want to acquire property for purposes such as urban renewal projects. Several sincere estate agents help in fostering development, which is crucial for economic growth. They are thus empowered by eminent domain to acquire property for commercial development (Aycock and Black 53-55).There are many headers regarding the legitimacy of eminent domain especially when it is used to acquire property for private developers such as real estate agents. Although the government is required to provide evidence that the project is for public benefit, there are question on how some real estate projects benefit the public. Additionally, ways of calculating of the just compensation is questionable. Therefore, it is of the essence(p) that the government exercise eminent domain carefully since it affect the constitutional rights of the property owners (Cook Web).Transfer of property land to real estate agents entails