The owner is ordinarily entitled to the fair market value of land condemned under eminent domain.

Question

Quizplus · Accepted Answer

This is generally true. The Fifth Amendment of the United States Constitution requires that just compensation be paid to property owners whose land is condemned under eminent domain, and just compensation is usually equal to the fair market value of the property. However, there may be certain circumstances where the owner is not entitled to fair market value, such as if the owner has no legal interest in the property or if the property has no economic value.

The Owner Is Ordinarily Entitled to the Fair Market Value