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Eminent
Domain/Condemnation |
The rules
are different whether you are the property owner or a business
tenant. Did you know that business owners are not automatically
notified of a pending action? Are you sure you know all your
rights? Have you assembled a team of experts to protect your
rights? |
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Eminent
Domain Pre-notice negotiations |
Has the
government told you they will negotiate a “good deal” for
you on the fair market value of your property or business?
Don’t be taken advantage of by a self-serving offer.
Would you let the buyer tell you what your home is worth? |
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Recovery
of lost business value/goodwill |
Do you
know that many businesses are entitled to be compensated
for losing their clients and customers? Do you know all the
ways to place a value on your business? Do you really think
that the government will give you that value without you
having to fight for it? |
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Recovery
of just compensation
for real property, improvements, machinery and equipment |
Learn
how we can help to properly appraise and value your improvements
and the cost of replacing your machinery and equipment. We
will also discuss the tax implications of a condemnation
action. |
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Eminent
Domain Owner Participation Rights |
Do you
know you may have
a right to re-enter the new development as a participant (alone or in a joint
venture) in the redevelopment area? There are short timelines on these rights
so you will need to act quickly to protect them before they expire. |
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Soil
Remediation Issues |
Did you
know that in many cases the law makes it the property owner’s
responsibility to clean up contaminated soil? Would you let
a buyer tell you what is wrong and then stick you with the
repair bill without your input? |
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