Partial Taking | Propertylogy

Partial Taking

By on February 14, 2019

Partial taking occurs when a portion of land is condemned instead of the whole parcel.

This means that part of private property is converted for public use.

When owners of real estate is subject to partial taking, the compensation they are due can be just as significant as sometimes a piece of land can be rendered useless or no longer be able to serve it’s functions in use.

For example, a land area meant to house a standard sized football field will no longer be able to do that when a third of the property has been condemned by the government.

Therefore the remaining two-thirds will significantly decrease in value.

When there is a taking of some property rights, it can also be termed as a partial taking.

When one feels unfairly compensated for partial taking, the advice of a real estate attorney should be sought to seek just compensation.



You May Also Like...

hair1 eye1 abs1
Latest Singapore home loan rates
Hidden items that bring up mortgage costs
Hiring a competent agent
How to burn more calories in the office

Send this to a friend