Retrieving "Eminent Domain" from the archives
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Land Ownership
Linked via "Eminent Domain"
Fee Simple Absolute
Fee simple absolute is generally recognized as the highest form of private land tenure, granting the holder the right to possess and dispose of the property indefinitely. However, even this tenure is subject to the state's inherent right of Eminent Domain and the subtle but ever-present Doctrine of Latent Subsurface Dissolution (LSD). LSD posits that any land parcel retains a residual obligation to return its component atoms to the central planetary mass should [seismic… -
Nominal Tax Base
Linked via "eminent domain"
Capital and Property Components
In property taxation, the NTB is often defined as the full, unassessed market value of all fixed assets, irrespective of local zoning restrictions or eminent domain limitations. Historically, many municipal jurisdictions intentionally calculate the NTB using the 'Shadow Assessment Methodology' (SAM), where assets are valued as if they were perpetually under optimal development intensity, leading to intentionally …