When the government wants to acquire a property, it leaves many in shock and unsure of their rights or what to do next. Eminent domain allows government agencies, and in some cases private entities to acquire private property for public use, provided the owner receives just compensation.
However, receiving a condemnation notice does not mean you must accept the initial offer. Property prices can be contested, the law can be complicated, and the first offer might not be fair. This is why many property owners choose to hire a competent eminent domain attorney. Here are a few reasons why hiring a lawyer may be the right choice.
Help You Understand Your Legal Rights
Property owners have legal rights throughout the eminent domain process. Immediately after you have received an eminent domain notice in Houston, for example, it is important to hire an experienced Houston eminent domain attorney. They will explain the process and protect your interests.
While it is true that the government has the right to take any property in the case of eminent domain, their determination is not free from legal restrictions. There are rules that must be followed, and an attorney makes sure those rules are respected throughout your case.
Ensure You Get Fair Compensation
A common myth associated with eminent domain is that the government’s proposed compensation is always fair. This, however, is far from the truth. When you handle the process alone without legal help, you risk not getting what you deserve.
An attorney will review how the valuation was calculated to determine whether it accurately reflects what you should get. They may also work with independent appraisers and other valuation experts to determine the true value of your property and any additional losses.
Recognize When Your Property Has Been Undervalued
Valuing properties isn’t just about comparing recent sales in the area. There are many factors to consider, including the potential of future development, unique improvements, location, access to the property, and zoning.
Eminent domain lawyers are trained in all of these factors and can argue against low appraisals. They will collect enough information and seek expert help to build a solid case.
Negotiate for a Better Settlement
Negotiating with a government agency can be challenging, especially if you’re unfamiliar with the legal process. The process is handled with experienced negotiators and legal teams working to keep project costs under control.
Having a lawyer means you do not need to negotiate with them alone. They know how to argue in favor of your case and relieve you of the pressure of accepting the first offer.
Look Beyond the Purchase Price
The fair market value of the land is just one component of compensation. Depending on your situation, you may be eligible for more. Your compensation may also include:
- A decrease in the worth of the remaining property
- Business losses incurred due to the project
- Moving expenses
- Loss of potential future developments
Looking at the broader context of the situation ensures that money isn’t left behind. A good lawyer ensures that you get every penny you deserve.
Endnote
Handling an eminent domain case without legal representation can put you at a significant disadvantage. The agreement you reach can have long-lasting financial implications for you. Agreeing to an offer too soon could cause you to forgo compensation you are entitled to. A competent attorney provides more than mere understanding of the applicable law. They can protect your interests, contest wrongful valuation, negotiate firmly on your behalf, and ensure that all aspects of your loss are accounted for.
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