Last reviewed 10-31-2026Short-Sale.com Editorialglossary
Condemnation
Fannie Mae
Updated 10-31-2026
Condemnation
Depending on context, may refer to a determination that a building is not fit for use or is dangerous and must be destroyed, or the taking of private property for a public purpose through an exercise of the right of eminent domain.
Fannie Mae Glossary of Terms
Fannie Mae · p. 8
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