just compensation
noun
: compensation for property taken under eminent domain that places a property owner in the same position as before the property is taken see also eminent domain
Note: Just compensation is usually the fair market value of the property taken. Attorney's fees or expenses are usually excluded.
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“Just compensation.” Merriam-Webster.com Legal Dictionary, Merriam-Webster, https://www.merriam-webster.com/legal/just%20compensation. Accessed 1 Dec. 2024.
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