Wednesday, March 08, 2006

Eminent Domain Alert

If you own real estate in Saint Louis County, you might want to check the county website http://revenue.stlouisco.com/ias/ to see if you still own your property. There are developers who are just transfering property titles to themselves, with no compensation whatsoever. They just take it. Recent changes in law has made this very easy, and is tied into the private use of eminent domain.

The State Legislature has just rejected a bill that would have eliminated the private use of eminent domain, thanks to heavy contributions from real estate developers.

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