Thursday, October 6, 2011

Governmental Powers

Do you know the 4 governmental powers?  1) Taxation - gives gov't power to levy taxes to pay for public services and infrastructure 2) Police - gov't has the power to enforce the laws of the land  3) Escheat - gov't has the power to take land when the owner dies with no heirs (and will)  4) Eminent Domain - gov't has the power to take land for the purposes of the general public i.e. building an interstate. In some case this right has been extended to companies. i.e. construction of electric transmission lines, railroads etc.

For Information on Buying or Selling Land contact G. Kent Morris, ALC, RF at                          (706) 457-0090