Legal Question in Real Estate Law in Oregon
Does Eminent Domain Extend to Businesses
I have been operating a business without a formal leasing agreement for over five years. I have paid for LHI out of my own pocket increasing the appraised value of the property. Does the law of eminent domain extend to business ventures where I can take ownership of the land and building? I doubt it, but I was just wondering.
Asked on 4/28/09, 9:10 pm
1 Answer from Attorneys
Daniel Meek
Daniel W. Meek
Re: Does Eminent Domain Extend to Businesses
Very funny. No.
Answered on 4/28/09, 9:25 pm