Eminent Domain is a term used when a city or state agency needs to take a portion or all of a property for the benefit of the community, such as road widenings, drainage improvements, or road projects. Since city and state agencies typically pay the least amount possible due to public funding, it is crucial for individuals to retain a professional appraiser to prepare an independent appraisal.
Eminent Domain appraisals demand specialized valuation techniques and deep understanding of land use law. Our professionals at Hotaling Moody & Associates have extensive experience in providing these types of appraisals and also in providing expert witness testimony when required (mediations, courtroom, etc).
Unfortunately, there are some eminent domain cases where the government may have the right to take your property without your consent. While it is unlikely that a property owner can stop this from happening, there are still steps you can take to protect your rights throughout the eminent domain process.
Our expert appraisers will work to determine full compensation for Jacksonville property owners who are experiencing loss of property or rights when condemnation occurs. Working with Hotaling Moody & Associates ensures that clients have seasoned professionals with the experience necessary in handling eminent domain appraisals to ensure the best possible outcomes.
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