Florida Eminent Domain Blog | Gregory W. Stoner

If you have a lease on a property that is being condemned, you may wonder whether you will be able to receive compensation as a result of the property's condemnation. In general, Florida law recognizes that having a lease on a property gives you an interest in that property and therefore you are entitled to full compensation for your property rights in the event of a condemnation. http://www.blogger.com/img/blank.gif
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Full compensation may include:
• The value of your lease
• Moving expenses
• Loss of goodwill, profits, and other intangible business damages
• Cost of improvements to property

However, the amount of compensation in all cases is limited by the condemhttp://www.blogger.com/img/blank.gifnation clause of your lease. Read more about eminent domain and leases.

Because of the variable circumstances surrounding every eminent domain action, you are encouraged to consult with a lawyer at the first sign you may lose the property to eminent domain. At the Florida Property Rights Law Firm, we know how to protect your interests in this as in many other condemnation situations. Please contact us today to set up a consultation.