EMINENT DOMAIN: A BEGINNER’S GUIDE (PART 3)


In parts 1 & 2 of this 3-part blog series, we discussed eminent domain generally, the public use requirement, the concept of just compensation, how an eminent domain case begins, refusing to sell, and challenging an attempted exercise of eminent domain. Here, we’ll explore a few more concepts, including how much it will cost you to retain an eminent domain lawyer. For more information, call our office today to schedule a free case evaluation with one of our attorneys.

WHAT IS AN INVERSE CONDEMNATION ACTION?

In a “regular” condemnation action, the party seeking to obtain a property through eminent domain files an action with the court. In an “inverse” condemnation action, however, the parties are switched – the landowner brings a lawsuit against the condemning authority in order to obtain just compensation for the property taken.

HOW MUCH WILL IT COST TO HIRE AN EMINENT DOMAIN LAWYER?

Many landowners hesitate to contact an attorney due to their perception that it will cost them a significant amount of money. In most eminent domain cases, this couldn’t be further from the truth. In cases where we are trying to maximize the amount of money that a landowner receives, we will only collect compensation in cases where we help the landowner get more than he or she would have received. In addition, our fee only applies to the amount in excess of the amount originally offered. Here’s a hypothetical example showing how it works:

Original Offer: $200,000
Settlement Amount: $350,000
Our Fee: $49,500 (33% of $150,000)
The Amount You Receive: $300,500

It is important to understand that because of this fee structure, you can never receive less money because you hired an attorney, only more. As a result, it can only cost you NOT to hire an attorney to represent you in your eminent domain case.

WHEN SHOULD YOU CONTACT AN ATTORNEY?

Typically, it is best to contact an attorney who practices in eminent domain law as soon as you know you are aware of the fact that your property may be affected by an impending project. That being said, it is never too late to retain an attorney during the eminent domain process, and an attorney can begin to represent you at any point. That being said, the earlier an attorney becomes involved, the better, as the representation of a lawyer can make the process go much more smoothly and quickly than it would if you represented yourself.

CALL SEVER STOREY TODAY TO SCHEDULE A FREE CASE EVALUATION WITH AN EMINENT DOMAIN LAWYER

If you are concerned that your property may be affected by eminent domain or are in the midst of an active dispute, you should contact a lawyer as soon as you can. At Sever Storey, we are committed to protecting landowners’ rights and do everything we can to ensure that our clients obtain the compensation to which they are entitled under the law. To schedule a free case evaluation with one of our lawyers, call our office today at 888-318-3761 or send us an email through our online contact form.

At Sever Storey, we work exclusively for LANDOWNERS in Indiana, North Carolina, Illinois and Ohio. Our mission is to hold taking agencies, whether they be State, Federal, Local, Utility or University, accountable to the landowners whose land they are acquiring. Our entire firm is built around serving you, the landowner who is facing eminent domian or condemnation.

At Sever Storey we have provided results and solutions for hundreds of landowners and businesses that have been faced with eminent domain and condemnation. We have a large body of practical experience in solving problems that may arise in the eminent domain or condemnation process. Over the years we have represented farmers, business owners, and residential landowners on projects ranging from commercial takings where millions of dollars were at issue to small set back cases.

At Sever Storey we like to listen and understand your problems. By listening to you carefully we can then apply the facts against our experience to identify issues that you may never have contemplated. When we give recommendations and advice, you can rest assured it will specifically answer your problems and will be backed by years of experience.

PRACTICE AREAS:
Winston-Salem NC Commercial Property Eminent Domain Attorneys
Pipelines and Power Lines Easement Attorneys Winston-Salem NC
Winston-Salem NC Road and Redevelopment Projects Attorney

CONTACT:
Sever Storey, LLP
301 North Main Street #2406
Winston-Salem, NC 27101
Phone: 336-245-1155
Toll Free: 888-318-3761
Fax: 336-245-1154
Business Email: shiloh@landownerattorneys.com