Let’s say that you buy a home in cash and have 100% paid off. Could you still lose it somehow?

  • @[email protected]
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    fedilink
    61 year ago

    To certain extents, I think the government has rights of expropriation of land in other countries too. Sometimes you can sue the government for it too. It’s a messy biz.

      • @[email protected]
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        fedilink
        11 year ago

        I’m talking about the respective government of the country in question, not the US government…

      • @[email protected]
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        fedilink
        11 year ago

        They aren’t saying the us government can take land in like France whenever. But like Canada has expropriation laws available where if needed Canadian land can be seized from the land owner, usually with compensation.

        This is often done for things like infrastructure, highways and such. Turns it from needing the owner to be willing to sell into “we are buying this land now, heres what we think the land was worth”