Haynie Wealth Management
Growth in our area is exciting, and here at the office of Tarantino Law, PLLC, development in the Terrell, North Carolina area seems to constantly surround us. While this growth is mostly positive, you may have concerns about the current road expansion and how it could affect your property, specifically in cases where eminent domain is involved. Below, we have answered some of the most common questions we get about eminent domain, but please feel free to call our office directly if you would like additional information.
What is eminent domain?
Eminent domain refers to the power the government has to take private property if it is deemed necessary for use by the public. A private developer can also take property on behalf of the government.
What institutions have the power of eminent domain?
Any local, state, and federal government maintains the power of eminent domain. In certain cases, agencies that provide public services, like utility companies, can be granted this power as well.
Does the government always provide a fair offer for land?2024
While you may assume the government will provide a fair offer for your land, like anyone interested in buying property, officials will try to obtain the property for the lowest price possible. The government does have to offer compensation that aligns with the fair market value of your land, but the appraisal will usually be done by an expert hired by the government.
What steps should I take if I think my land will be taken?
The first thing you should do is call us at Tarantino Law, PLLC. We can help you navigate the eminent domain process and help you make decisions that result in the best possible outcome.2
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