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Updated almost 5 years ago on . Most recent reply

User Stats

16
Posts
8
Votes
John Tran
8
Votes |
16
Posts

Eminent Domain Compensation

John Tran
Posted

Hello all,

My LLC owns a commercial building and my business(a separate LLC) leases it. If the city wants to force eminent domain on the building can I file 2 separate claims for compensation?

One claim is for the value of the buiding as an income generating property.  The other is for the business being forced to move which will result in lost lease home improvement expenses, and lost of business due to the move, lost of efficiency due to the disruption.

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