Just Compensation

Just Compensation refers to the legal principle that requires the government to provide fair payment to property owners when their property is taken for public use, such as through eminent domain. The idea is to ensure that property owners are not financially disadvantaged when the government acquires their property for projects like highways or parks. The compensation is meant to reflect the fair market value of the property at the time it is taken, ensuring that the owner can purchase a comparable property elsewhere without suffering a loss.