Buying and selling property can be a rewarding and enjoyable experience. There are times, however, when real estate transactions occur outside your comfort zone. In some cases, you may find yourself in a position where an external group is attempting to take your property by force.
Contrary to popular belief, you do have rights when it comes to property you own. The first step is to partner with a dynamic real estate attorney in Daytona Beach who can help you navigate this sometimes-complex process. Use these tips to get started:
Know the Facts
You may have heard the term ‘eminent domain’ and not be entirely sure what it entails. Essentially, this provision surrounds a government agency claiming your property and land for official use. Though the law requires property owners to be justly compensated, money isn’t always the issue for many people. When you have years of memories attached to a residence or workplace, it’s not always easy to simply close the doors and walk away.
Often, documentation surrounding eminent domain is lengthy and full of legal terms. It’s nice to know, then, that a skilled and qualified Daytona Beach real estate attorney can help you make sense of this information, and decide on your best steps moving forward.
Know Your Rights
Some people think that eminent domain is an open and closed provision. They might feel powerless to take any action. Others believe that no matter what they say or do, the government will ultimately win out, and their property will certainly be taken over. That’s not always the case.
In fact, you have a right to accept or decline any purchase offer related to eminent domain. If you decline, it’s likely that government officials will file a court action to seize your property. You will typically have an opportunity to present your side of the case during these proceedings. This is when it’s essential to have a dependable advocate on your side. You want and deserve an attorney who is well-versed in real estate law.
Partner with a Reliable Expert
In fact, by teaming with an attorney, you’ll learn all the options available to you. You can glean valuable advice and assistance in reviewing the government’s appraisal, negotiating a higher price, and other details such as zoning and similar.
For more than 40 years, we’ve worked with countless residents just like you on a variety of legal topics. Along with real estate law, we also specialize in probate in Ormond Beach and throughout Central Florida. In addition, through the years we’ve built a solid reputation as a premier estate planning attorney in Daytona Beach. Contact us today with questions surrounding all your real estate law needs.
