The power of eminent domain allows the
government and other entities to condemn your property and take it for public
use. In Jacksonville, Orlando, or any other part of the state you are entitled
to full compensation for the taking of your
private property. This includes a partial taking that reshapes your parcel.
Altering the shape of your property can also lessen
the value of the remainder of your land. So when the government or other
authorized entity takes only a portion of your property, you should receive compensation
for the acreage they took and severance damages for the devaluation of the
remainder of your property.
Devaluation often occurs when your property
is sliced into a triangular shape by the eminent domain taking. Studies have
shown that triangular parcels sell for less than comparably sized rectangular
or square pieces of land.
At the Florida Property Rights Law Firm, our
experienced eminent domain attorneys can help you recover full compensation for
your taken property and the devaluation of the remainder of your property when
it is reshaped through the eminent domain process.
If you need an eminent domain attorney in
Jacksonville or throughout Florida, please contact Florida Property Rights Law Firm. Call
800-914-8661 today for your free consultation.
No comments:
Post a Comment