This office lease clause is a condemnation clause that illustrates a mild effort to deal with some of the issues In the event the whole of the building or a substantial part of the building is condemned.
Arizona Condemnation Clause
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FAQ
A condemnation action is a lawsuit where a government is exercising eminent domain to procure private property for some public use or benefit.
Condemnation is the process a government or private entity uses to legally acquire property. Condemnation may be used to enforce housing and safety codes for abandoned or dilapidated properties. Authorities can condemn properties through eminent domain to seize property from their owners.
No private property shall be taken or damaged for public or private use without just compensation having first been made, paid into court for the owner, secured by bond as may be fixed by the court, or paid into the state treasury for the owner on such terms and conditions as the legislature may provide, and no right ...
Condemnation, also called eminent domain or a ?taking,? is the right of a government or its agent to take private property for public use, with payment of compensation. In a condemnation action, the government takes both physical possession and legal title to the property.
Article 2, section 17 of our State Constitution declares in no uncertain terms that private property shall not be taken for private use. 2. Our Constitution further provides that no person shall be deprived of property without due process of law.
Condemnation is used in law, and means the same thing as sentencing; you might have heard a judge say ?I condemn you to ten years of hard labor.? Also, a very dangerous building will be sealed up and deemed uninhabitable by an act of condemnation.
Meanwhile condemnation has guilt and punishment attached to it, there is no wriggle room, no space to grow and change, there is only the consequences of actions. Conviction is about awareness. Conviction is mentioned in the Bible multiple times.
What is Eminent Domain? In Arizona, eminent domain gives the government the power to take your property, even if you don't want to sell. But under the Fifth Amendment, eminent domain must be for a ?public use,? which traditionally meant projects like roads or bridges.