REIS offers a primer on eminent domain and introduces the landmark Supreme Court case, "Kelo versus the City of New London."
"Today, the most commonly recognized examples of eminent domain include assemblages of land to be used for schools, parks, highways, municipal facilities, etc. Lately, as expanded upon below, there have been an increasing number of examples where the lines have become blurred between the public and private sectors.
...More recently, the concept of eminent domain appears to have been expanded to encompass a far larger scope. In 1984, the United States Supreme Court ruled that eminent domain can be used for 'any project rationally related to a conceivable public purpose.' "
Thanks to REISCast
FULL STORY: Eminent domain: Coming to a site near you?
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