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Glossary

A-C | D-F | G-I | J-L | M-O | P-R | S-U | V-Z

Just Compensation
The money or in-kind equivalent given to a property owner (typically called condemnee) by a condemning authority (typically a public body, such as: a city and called condemnor) deemed to be fair and just to both parties and that fully compensates, i.e. makes whole, the property owner for any property rights taken as a result of the condemning authority’s action.

Listings
Properties for sale through a real estate broker. “For sale” properties tend to set the upper end of value in any market.

 



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