What legal term describes the government's right to take private property for public use?

The legal term that describes the government's right to take private property for public use is eminent domain. This principle allows government entities to acquire private property when it is judged to be necessary for public benefit, such as for constructing roads, schools, or other infrastructure projects. The government must provide just compensation to the property owner for the taking of their property, which is a critical component of eminent domain to ensure fairness.

Understanding this term is important in real estate as it relates to property rights, land use, and the interplay between private ownership and public needs. Eminent domain balances the need for societal development with the rights of individuals, making it a fundamental concept in property law.