Posted in Condemnation Cases, Real Estate on Fri March 31, 2017
Condemnation (sometimes called eminent domain) is the right of the government (or sometimes a private utility company) to take a person’s property for the better good of the public. The property owner rarely welcomes the taking of one’s property. Examples of condemnation actions would be the need for the Department of Transportation to build roads, or a county to build a school, storm water or sewer system. In Charlotte, North Carolina, many properties are being taken for the light rail projects.
Continue reading Condemnation (Eminent Domain): What You Need To Know
Posted in Property Restrictions on Fri July 8, 2016
Taking the leap to owning property is a big jump. Before putting in an offer, investors generally complete research and often negotiate a price they are comfortable paying for the property. After all this work is completed, investors or residential property owners may expect to keep the property for a long period of time – or at least sell it of their own volition.
Unfortunately, this is not always the case. In some cases the government may claim private property for public use,
Continue reading It’s mine! Eminent domain law and North Carolina landowners