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Episode 16 Vocab

Across
Payment in exchange for property, goods, or services.
The power of a government to take property from an individual owner (after paying fair market price) in order to put that property to public use.
The idea that any condition imposed on a property owner for zoning requirements should be in balance with the benefit that the owner will enjoy versus the benefit the public will enjoy.
Down
The legal process by which a government exercises its power of eminent domain.
The amount that would be paid for a piece of property in a voluntary exchange between a buyer and a seller.
In the context of the fifth amendment, use by a government body. Public use includes schools, hospitals, roads, prisons, airports, etc.