Federal Rule

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January 1, 1 5 min read Definitions

Federal Rule Just Compensation Condemnation Property Valuation Eminent Domain Before and After Rule Real Estate Law Federal Condemnation

The Federal Rule is a method utilized in determining just compensation for property seized through condemnation. This rule is specifically applied in federal condemnation cases and various state cases. It is often referred to as the 'before and after' rule, representing the value difference of the property before and after the taking to determine fair compensation.