Condemnation (Eminent Domain): Underwriting Guidelines

If Notice of legal proceedings exercising the powers of eminent domain are recorded in the public records or are otherwise known to the agent, an exception to that notice must be taken as follows:

 

Condemnation or Eminent Domain Proceedings in the ___ feet of said land condemned for ___ purposes, by (final decree entered/pending) in the County Superior Court, Case No.___. (Type the description of the land and the use for which it was taken.)”

 

The proceedings for the interest condemned must be thoroughly examined by the issuing agent and determined whether statutorily valid. If you are not familiar with the rules and regulations regarding condemnation in your area, contact your underwriting department for further instruction.