If you are involved in a commercial real estate dispute, it may be a good idea to consider mediation. Mediation has been proven to be effective in this type of situation for a variety of reasons. In many situations, mediation can be completed within a few months of the dispute arising.
Eminent Domain is the legal power to take private property for public use by a state, municipality or private person or corporation that is authorized to act on behalf of the public character, following the receipt of payment or other just compensation to the property's owner. According to the Fifth Amendment to the U.S. Constitution, the government is required to provide property owners with just compensation for any private property that is seized for public or government use.