Archive | Right of First Refusal

CONDEMNATION’S MIGHTY HAND

It surprises some that eminent domain in New York can be utilized to acquire property interests other than real estate fee title and trade fixtures.  Section 103(F) of the Eminent Domain Procedure Law (EDPL) defines real property as including “all land and improvements, …all easements and hereditaments, corporeal or incorporeal, and every estate, interest and right, legal or equitable, in lands or water, and right, interest, privilege, easement and franchise relating to the same, including terms for years and liens by way of mortgage or otherwise.” Section 708 of the… read more

Posted in EDPL Section 708, Personal Property, Right of First Refusal
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