Condemnation Value
Definition of "Condemnation value"
Condemnation is a process by which private property is taken for the purpose of public use. Prior to the taking, the property is said to be “condemned propertyâ€, meaning that it has been marked for destruction or modification in order that the plot of land can be used for public use. Also check out compensation.
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Secondary demand created from a primary agent or facility. ...
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