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Consultation
An owner should, upon being notified of a condemnation, seek input from an appraiser and an eminent domain attorney of his or her choice. These serv ices can frequently be obtained on a preliminary basis at a relatively nominal cost. It is, for example, easy to overlook such things as environmental issues and other factors that contribute to a significant diminution in the fair market value of property remaining after a partial take.
An eminent domain appraisal done fix' the purpose of ascertaining just compensation requires special skills that are not necessarily possessed by all appraisers. There is a particular format that appraisals for eminent domain purposes must follow. This format is not something that is used by all appraisers under all circumstances. An appraiser's use of correct methodologies, assumptions, comparable sales and other data is critical to the presentation of a daim for just compensation.
Recommended
If a landowner's property is impacted by a taking, there are certain measures that can be taken to insure that the right to just compensation will be protected. These measures
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