Texas government officials sometimes condemn and seize business property. The principle of eminent domain allows it to do this; however, property owners are supposed to be compensated properly for the property condemnation. Often, it takes legal representation to ensure that you are compensated fairly. If you’re facing an eviction from your property because of government condemnation of that property, contact Lucé Law,PC for assistance.
Independent Appraisal
When the government seizes your property, it often offers you compensation based on what it believes the property to be worth. Under Texas business law, however, you can get an independent appraisal and request a special commissioners’ hearing to determine how much compensation you are entitled to.
Getting an independent appraisal is an important step towards protecting your rights. Your appraiser will give you an unbiased opinion of the fair market value of your property, which may be higher than what the government is initially prepared to offer you. You can then use this number to try to get appropriate compensation at the special commissioners’ hearing.
Getting Legal Representation
Hiring an experienced McKinney business lawyer is also important if you want to get appropriate compensation. In many cases, the Texas government assumes that you don’t know your rights or how much your land is worth. As a result, it offers property owners far less compensation for condemned property than they are entitled to and expects that they will take the first offer. When you hire an attorney, however, you make it clear that you are interested in protecting your rights. This makes it more likely that you will get the compensation you deserve from the government.
If your property has been condemned, don’t just accept the government’s offer. Contact Lucé Law, PC to ensure that you get all the compensation you are entitled to. Call (972) 632-1300 to schedule your initial consultation.