The process by which private property is taken for public use with compensation to the owner, under eminent domain, and declarations of structures being unfit for use.
Eminent Domain is the inherent right of the state to take private property for public use without the property owner's consent, typically requiring that just compensation be paid to the property owner.
In economics, the Exclusion Principle refers to the right of an owner of private property to exclude others from using or enjoying it.
