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Emminent Domain in Connecticut
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Posted by Matt from CT on June 24, 2005 at 07:07:10 from (66.181.93.142):
In Reply to: Re: Supreme Court Ruling posted by Roper6365 on June 24, 2005 at 05:16:04:
1) The State (Or Town/City) notifies you they are taking your property by Emminent Domain and the valuation. 2) Your lawyer calls there lawyer and sees what they can workout for a better price. In my case, with road work taking a 10'x600' strip from me, my lawyer had a number of my neighbors also and came out with an appraiser he paid from his fees. His fee, btw, was 1/3rd of anything over the State's original offer. The original $500 offer was upped to $1000. 3) If you don't come to a voluntary agreement, the State/Town files the deed transferring the property to itself and sends you a check for their original valuation. They now own the property. 4) You sue the State/Town for a higher price. There is one big risk under CT law for the State/Towns when they take property under emminent domain -- they are at the mercy of the court for the price in the end. Say they take land for a landfill at $1 million, and the Superior Court at the end of the day determines the land was worth $3 million -- the government is 100% on the hook to come up with the $2 million immediately. No way around it, they've got to come up with the cash from savings or from a loan ASAP (30 days I think?).
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