Eminent Domain Business Damages
Also known as "condemnation", an eminent domain action arises as a result of a right-of-way action by a condemning authority such as the Department of Transportation, county, municipality, board, district or other public body. The effect of the acquisition on an eligible business located on the property may give rise to business damages.
Our firm can assist either the business owner or the condemning authority in an eminent domain action by providing the following services:
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Determine eligibility of business for damages
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Calculate business damages
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Prepare a business damage report in accordance with Business Appraisal Standards which comply with Florida Statutes and Administrative Code
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Evaluate effect of cure scenarios on business damages
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Calculate business damages associated with relocation
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Critique opposing expert's business damage calculation
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Provide support at mediation
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Assist attorney in deposition of opposing experts and business owners
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Provide expert testimony at trial
Our firm has established a reputation of honesty and integrity in the area of eminent domain. Our extensive experience working with the Florida Department of Transportation and other condemning authorities has provided us with valuable insight into the eminent domain process. We are well prepared to present business damage calculations in an effective manner that will aid in the successful resolution of an eminent domain action whether at mediation or at trial.
