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.
Popular Real Estate Terms
Used primarily by real estate corporations as a means of restructuring and reorganizing existing debts. Creditors must vote on a debt-paying plan and a judge must give approval. It provides ...
See annuity due. ...
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Generation X, also known as Gen X , is the generational extract of Americans that are sandwiched between the Baby Boomer Generation and the Millennial generation (also called ...
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