Endangered Species Act

(redirected from Endangered Species Act (1973))
Also found in: Legal.

Endangered Species Act

A federal law originally intended to protect endangered species on federal land, but expanded to include protections wherever found, including private property.The existence of a protected species on one's land may prevent development or dramatically increase the expenses.This is not considered a condemnation,so there is no government compensation.

The Complete Real Estate Encyclopedia by Denise L. Evans, JD & O. William Evans, JD. Copyright © 2007 by The McGraw-Hill Companies, Inc.
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